1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lawyer [7]
2 years ago
13

Consider the following comments about absorption- and variable-costing income statements:

Business
1 answer:
Lostsunrise [7]2 years ago
7 0

Answer:

E) I, II, and III.

Explanation:

Variable costing can be regarded as a concept of managerial accounting cost

whereby during the period of producing the product there is incurred

manufacturing overhead.

Absorption costing income statement, utilize absorption costing when creating income statement. The income statement focus on the cost through sectioning of cost into period cost and product.

It should be noted that

I. A variable-costing income statement discloses a firm's contribution margin.

II. Cost of goods sold on an absorption-costing income statement includes fixed costs.

III. The amount of variable selling and administrative cost is the same on absorption- and variable-costing income statements.

You might be interested in
Investment spending in macroeconomics refers to: adding to one's retirement account. adding to physical capital. buying stocks.
Makovka662 [10]

Answer:

-adding to physical capital.

Explanation:

Investment spending refers to the purchase of goods that are used to produce capital which are considered assets like equipment and land. According to this, the answer is that investment spending in macroeconomics refers to adding to physical capital.

8 0
3 years ago
Read 2 more answers
_____________ tends to discourage firms from making physical capital investments.
Jet001 [13]
A higher interest rate
5 0
3 years ago
The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of proc
BlackZzzverrR [31]

The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 26,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. ... Units completed in the forming department are transferred to the painting department.

6 0
3 years ago
Doc's ribhouse had beginning equity of $52,000; net income of $35,000, and dividends by the company of $12,000. calculate the en
Svetradugi [14.3K]
<span>Doc's ribhouse beginning equity = $52,000
Net income = $35,000
dividends by the company = $12,000
Ending equity = ?
we can calculate ending equity by using this formula:
</span><span>Beginning Equity + Net Income - Dividends = Ending Equity
</span><span>now by putting the values we get
$52,000 + $35,000 - $12000 = Ending equity
Ending equity = $52,000 + $23,000
= $75,000
so, $75,000 is the ending equity.

</span>
3 0
3 years ago
Mr. Gupta is also considering giving his employees a raise that would increase total salaries by $35,000.00 per year. What effec
shutvik [7]
I think the taxes would decrease but increase for the company
6 0
2 years ago
Other questions:
  • Lease A does not contain a bargain purchase option, but the lease term is equal to 90% of the estimated economic life of the lea
    10·1 answer
  • Aaron is an administrative manager at EMC Insurance. His job includes updating the company website every morning to include the
    13·2 answers
  • An open corporation does not allow the sale of their stock to the general public, only to investment capital brokers.
    12·1 answer
  • Carlisle State College had the following account balances for the year ended and as of June 30, 2018. Debits are not distinguish
    12·1 answer
  • An advertising campaign: a. may contain a wide variety of themes and slogans. b. extends for a defined period of time. c. acts a
    12·1 answer
  • Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement
    12·1 answer
  • At December​ 31, 2018​, Salish Hardware owes $ 4 comma 800 on accounts​ payable, plus salaries payable of $ 5 comma 300 and inco
    9·1 answer
  • The economizing problem faced by a society is Question 73 options: A) a consequence of the fact that productive resources are sc
    5·1 answer
  • Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,100 Interest on investm
    12·1 answer
  • The gross profit margin is unchanged, but the net profit margin declined over the same period. This could have happened if A- Fr
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!