Absorption costing and variable costing

Assignment Help Financial Accounting

Reference no: EM13865071

1. Ending inventory value with respect to absorption costing and variable costing:

A) is less using variable costing

B) is more using variable costing

C) is the same

D) none of the above <--- This is my choice although I also think A could be it

2. If Freeza collects 80% of its credit sales in the month of the sale and 20% in the month after that sales, how much will Freeza collect in March on a $220,000 credit sale in January?

176,000

44,000

88,000

None of the above

Reference no: EM13865071

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