Variable or absorption costing method

Assignment Help Accounting Basics
Reference no: EM13767488

Write a paper of no more than 350 words after completing Exercise 19-17 in WileyPLUS in which you respond to the following questions:

• In this case, would it be better to use the variable or absorption costing method, and why?

• What are the benefits of the two methods?

• Which method would lead to the best decision when a competitor is submitting a lower bid for your product?

• Compute product cost and prepare an income statement under variable and absorption costing.

Reference no: EM13767488

Questions Cloud

Explain why roic is a better analytical tool : 1)-A. Explain why ROIC is a better analytical tool than return on equity (ROE) and return on assets (ROA) B. Compute ROIC given the following information : EBITDA=$3,000, REVENUES=$5,000, INVESTED CAPTAL=$20,000, OPERATING CASH TAX RATE =25 percent
Develop a multi-agent based recommender system architecture : Develop a multi-agent based recommender system architecture for multi-site software development to support collaborative behavior around the software engineering ontology.
Prepare a schedule of cost of goods manufactured : Required: Prepare a Schedule of Cost of Goods Manufactured
What type of business, a software company : What type of business, a software company or an electric utility , would benefit more from increasing ROIC than from increasing growth?  Why?
Variable or absorption costing method : Write a paper of no more than 350 words after completing Exercise 19-17 in WileyPLUS in which you respond to the following questions: In this case, would it be better to use the variable or absorption costing method, and why?
Inincome gap between the developed and developing countries : Impact of technology on Afghan people in the war against the Soviet Union during the cold war period.
Us gaap and international accounting standards : One of the primary differences between U.S. GAAP and international accounting standards is that the use of LIFO is permitted for U.S. companies. How does LIFO affect a company's financial results?
Major complaints regarding information security regulations : Are the security needs of small businesses different than those of a larger corporation. One of the major complaints regarding information security regulations is that they place an unfair burden on organizations as they are costly unfunded mandate..
Explain difference between standard deviation and standard : Explain the difference between standard deviation and standard error of measurement. Is one more effective than the other? Why? Give an example of the appropriate use of each.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What was the balance in the investment in account

Reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of December 31, 2011?

  How much did sam borrow

Sam has a loan that requires a single payment of $4,000 at the end of 3 years. The loan's interest rate is 6%, compounded semiannually. How much did Sam borrow? A) $3,358.40 B) $4,000.00 C) $3,660.40 D) $4,776.40 E) $3,350.00

  What comparable businesses pay their presidents

She did not take any salary from the business for its first two years of operations. She is now receiving a salary that is 150 percent of what comparable businesses pay their presidents.

  Using the allowance method the uncollectible accounts for

using the allowance method the uncollectible accounts for the year are estimated to be 40000. if the balance for the

  Comparative financial statements for weller corporation for

comparative financial statements for weller corporation for the fiscal year ending december 31 appear below. the

  Variable costs as a percentage of sales for leamon inc are

variable costs as a percentage of sales for leamon inc. are 61 current sales are 544415. and fixed costs are 209839.

  Calculate the companys unit contribution margin calculate

a tile manufacturer has supplied the following databoxes of tile produced and sold 625000sales revenue 2975000variable

  Charmaine corporation has 75880 shares of common stock

charmaine corporation has 75880 shares of common stock outstanding. it declares a 2.4 per share cash dividend on

  Why do the basis and at-risk rules

Why do the basis and at-risk rules usually prevent the same amount of losses from passing through to shareholders of S corporations?

  Depreciation and journal entries

Compute the balance in the Accumulated Depreciation account at the end of 2013 using the straight-line method.

  Calculate the payout ration earnings per share and return

the stockholders equity accounts of nardin corporation on january 1 2012 were as follows. preferred stock 9 50 par

  Monster company produces a product requiring 3 direct

monster company produces a product requiring 3 direct labor hours at 20.00 per hour. during january 2000 products are

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