Difference between absorption costing and variablting

Assignment Help Accounting Basics
Reference no: EM13553546

What is the basic difference between absorption costing and variabl ting? Explain how fixed manufacturing overhead costs are shifted from one period to another under absorpti sting.

Reference no: EM13553546

Questions Cloud

Division of loss and the payment of liabilities : Prepare a statement of partnership liquidation, indicating the sale of assets and division of loss and the payment of liabilities.
The temperature profile as a function of radial position : (a) The temperature profile as a function of radial position
Calculate the maximum distance the block moves up the plane : A 4.5 kg block is given an initial speed of 14 m/s up an incline plane of angle of 45. Calculate the maximum distance the block moves up the plane
Determine the frequency of oscillation : An electric dipole attached to a massless rod of length b is placed in a uniform electric field E. Find the natural frequency of oscillation if the dipole is slightly rotated from its equilibrium position and released.
Difference between absorption costing and variablting : What is the basic difference between absorption costing and variablting? Explain how fixed manufacturing overhead costs are shifted from one period to another under absorpti sting.
What is the pressure of the water at the bottom of the hill : Water in a pipe runs down a 20 m high hill. If the speed of the water on the top of the hill is 5.0 m/s and its pressure is 150 kPa, what is the pressure of the water at the bottom of the hill
One-dimensional time-independent schrondinger equation : The one-dimensional parity operator pi is defined by pi psi (x) = psi (-x) In other words, pi changes x into –x everywhere in the function. Is pi a Hermitian operator? For what potentials V(x) is it possible to find a set of wavefunctions which are e..
Prepare a master budget and all supporting budgets : Prepare a master budget and all supporting budgets - discussions by line managers, for the purposes of preparing a master budget for Year 6.
How much energy does this engine extract : Two energy reservoirs are at 20 degrees Celsius and 827 degrees Celsius. How much energy does this engine extract from the hot reservoir to do 3500 J of work

Reviews

Write a Review

Accounting Basics Questions & Answers

  How is the interest revenue computed

A company purchased a $5,000, 25-year zero-coupon bond for $820 to yield 8.5% to maturity. How is the interest revenue computed?

  Applicable overvaluation penalty

Ron, a calendar year taxpayer subject to a 35% marginal tax rate, claimed a charitable contribution deduction of $500,000 for a sculpture that the IRS later valued at $150,000. The applicable overvaluation penalty is:

  Prepare a summary of the variances does the unfavorable

bowser products operates a small plant in new mexico that produces dog food in batches of 1500 pounds. the product

  For this textbook edition the rate 06 was used for the futa

note for this textbook edition the rate 0.6 was used for the futa tax rate for employers. the following unemployment

  Calculate the sales revenue which should be earned for

carlyle lighting products produces two different types of lamps a floor lamp and a desk lamp. floor lamps sell for 30

  Market values and book values

Building an Income Statement, During the year, the Senbet Discount Tire Company had gross sales of $1.06 million. The firm's cost of goods sold and selling expenses were $525,000 and $215,000, respectively. Senbet alo had note payable of $800,000...

  How much cost is acceptable to incur in order to test

What's the difference between random error resulting from manual processing and systematic error resulting from IT processing?

  Determine overhead volume variance

Tex's applies an overhead rate of $10/unit based on 200 units. If Tex's produces 210 units and has a flexible overhead budget of $1,900, the overhead volume variance is:

  Find amount and nature of gain or loss from each transaction

Eric is a collector of antique automobiles andoccasionally sells one to get funds to buy another. What are theamount and nature of the gain or loss from each of these transactions?

  Higher contribution margin ratio

A company with a higher contribution margin ratio is: a) more sensitive to changes in sales revenue. b) less sensitive to changes in sales revenue.

  The beach dude (bd) employs a legion of current

The Beach Dude (BD) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). This case describes BD's sales and collection process.

  Determine whether angie basketweaving shop should carry

Determine whether Angie's basketweaving shop should carry the basic introductory kit with undyed and uncut reeds, or the Stage 2 kit with reeds already dyed and cut. Prepare an incremental analysis to support your answer.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd