An income statement using the variable cost format shows

Assignment Help Operation Management

Reference no: EM13856658

1. Which of the following methods assumes that 0 is the net present value:

a. Payback

b. Discounted payback

c. IRR

d. none of these

2. An income statement using the variable cost format shows the

a. Net income

b. contribution margen

c. Both A and B

d. none of the above

3. In the variable cost format, the income statement shows the fixed manufacturing overhead as:

a. fixed cost

b. a product cost

c. an inventoriable cost

d. none of the above

4. If production is less than sales, the net income with respect to absorption costing and variable costing:

a. is the same

b. variable costing yields higher net income

c. variable costing yields lower net income

d. none of the above

Reference no: EM13856658

Questions Cloud

Indirect method in preparing statement of cash flows : For years, the company has used the indirect method in preparing its statement of cash flows. Recently, it has come to the attention of a few of the investors that the statement of cash flows might be easier to understand and use if it were prepared ..

Employed in an entry-level management position : Suppose you are employed in an entry-level management position in a large bank. What specific considerations (contingencies) would you identify of sending an e-mail versus talking in person to someone else in a bank? Make this a nice sized paragraph ..

Independent variable-variable and dependent variable : Define and give MARKETING examples of the following:-Independent variable-Variable-Dependent Variable-Temporal Sequence-Concomitant variation-Spurious association

What is the type of organization identified in the scenario? : What is the type of organization identified in the scenario?

An income statement using the variable cost format shows : Which of the following methods assumes that 0 is the net present value: An income statement using the variable cost format shows the. If production is less than sales, the net income with respect to absorption costing and variable costing:

Pretaining-during the learning event and post-training : The three phases of the instructional process are: Pretaining, during the learning event, and post-training. Discuss which phase you think is most important and why?

How the process of variation-selection and retention : Explain how the process of variation, selection, and retention might explain innovations that take place within an organization?

Units of each are produced at the optimal solution : A small firm makes three products, which all follow the same three step process, which consists of milling, inspection, and drilling. Product A requires 6 minutes of milling, 5 minutes of inspection, and 4 minutes of drilling; At the optimum solutio..

Manufacturing facilities subject : Draw a string diagram and a From-To chart for the following 5 parts. Determine efficiencies for all tools. Provide an optimal layout for each process, based on your analysis and recalculate efficiencies

User Account

All Pages