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Marginal costing and absorption costing are different techniques for assessing profit in a

period. If there are changes in inventory during a period, marginal costing and absorption costing give different results for profit obtained.Which of the following statements are true?

A.If inventory levels increase,marginal costing will report the higher profit.

B.If inventory levels decrease,marginal costing will report the lower profit.

C.If inventory levels decrease,marginal costing will report the higher profit.

D.If the opening and closing inventory volumes are the same,marginal costing and absorption costing will give the same profit figur

E.

提问人:网友hongxin123 发布时间:2022-01-07
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更多“Marginal costing and absorptio…”相关的问题
第1题
Marginal costing and absorption costing are different techniques for assessing profit in a period. If there are changes in inventory during a period, marginal costing and absorption costing give diffe
A.If inventory levels increase,marginal costing will report the higher profit.

B.If inventory levels decrease,marginal costing will report the lower profit.

C.If inventory levels decrease,marginal costing will report the higher profit.

D.If the opening and closing inventory volumes are the same,marginal costing and absorption costing will give the same profit figur

E.

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第2题
Under the marginal costing system, in the aspect of fixed overhead, there is only _____variance.
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第3题
In his seminal book, Pricing and Revenue Optimization, Robert Philips identifies several strategies for charging different prices for the same or similar products

A、Group pricing.

B、Channel pricing.

C、Regional pricing.

D、Time-based differentiation.

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第4题
Management accounting information may be used to

A、Make decisions

B、Value inventories

C、Make future plans

D、Control the business

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第5题
A company that provides packing services has an activity-based costing system with three activity cost pools: scheduling, packing boxes, and setting up machinery. The activity rates are $6 per appointment scheduled, $1.50 per box packed, and $5 per machine set-up. If a customer requires one scheduled service call and has 50 boxes to pack using two different machines, how much cost would be assigned to the job for the customer by the activity-based costing system?

A、$12.50

B、$85.00

C、$86.00

D、$91.00

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第6题
A process costing system is best used by companies that produce many units of different product
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第7题
A company uses a standard absorption costing system. The following figures are available for the last accounting period in which actual profit was $108,000. $ Sales volume profit variance 6,000 adverse Sales price variance 5,000 favourable Total variable cost variance 7,000 adverse Fixed cost expenditure variance 3,000 favourable Fixed cost volume variance 2,000 adverse What was the standard profit for actual sales in the last accounting period?

A、$101,000

B、$107,000

C、$115,000

D、$109,000

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第8题
选出应填入下面一段英语中______内的正确答案。

Activity Based Costing (ABC) is an(1)technique that allows an organization to determine the actual(2)associated with each product and service produced by the organization without regard to the organizational structure. This chapter explains some of the uses and benefits of Activity Based Costing. We use IDEFO(3)modeling in conjunction with ABC to enable more effective business(4)design decisions.

In order to achieve the major goals ofbusiness process improvement, process simplification and improvement, FAA manages need to fully understand the cost, time and quality of activities performed by employees or machines throughout an entire organization. ABC methods enable(5)to cost out measurements to business simplification and process improvement.

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第9题
Which of the following companies would be likely to use process costing rather than job-order costing? There may be more than one correct answer.

A、Scott Paper Company for Kleenex.

B、Architects.

C、Heinz for ketchup.

D、Caterer for a wedding reception.

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