Difference between variable and absorption cost per unit

Assignment Help Managerial Accounting
Reference no: EM132899346

Question - What is the difference between variable and absorption cost per unit? Why might a company use absorption costing instead of variable costing? Why might it use variable costing instead of absorption costing? Which produces the correct product cost, absorption or variable costing?

Reference no: EM132899346

Questions Cloud

Basics of creating attention-getting presentations : Preparing for a presentation can be an overwhelming experience if you allow it to be one. There is nothing more nerve-wracking than having a big presentation co
List the features of flexible order processing : 1. Enumerate and explain briefly Strategies to Speed up Your Order Fulfillment Process
Many mobile platform vulnerabilities : There are many mobile platform vulnerabilities. Which do you feel is the greatest threat to users?
Bsbinn 301 promote innovation in a team environment : 1>Name 3 aspects that you should look at when you make your evaluation.
Difference between variable and absorption cost per unit : What is the difference between variable and absorption cost per unit? Why might a company use absorption costing instead of variable costing
Question on data collection : Data collection is an important part of the process of research. With the help of data, information can be presented in such a manner that it would be useful fo
Construct a debt restructuring arrangement : Construct a debt restructuring arrangement using the other types of debt restructuring that would give greater benefit to the company
Health care organization : Some examples could be: a health care organization, such as a health care insurance company, a major hospital, or medical laboratory;
Explain the risks related to environmental scanning : Political risk, Foreign exchange risk and Competitive risk The McGrew Company based in US, manufacture of oil refining machines have for years, sold a substanti

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare a comprehensive 6-month budget

ACCOUNTING 2302 - prepare a comprehensive 6-month budget, including supporting schedules and a report for the period January 1, 2014 to June 30, 2014 for Henron

  Find which statement about sustainability reporting is false

Find Which statement about sustainability reporting is false? It focuses on the economic, environmental and social impacts of an organisation's activities.

  Compute what is the company net profit after taxes

Find what is the company's net profit after taxes. Ramsay found out that he was missing the company's net profits after taxes for the current year.

  Calculate the nonvalue-added usage

A total of 80,000 units of output were produced. For 20X1, calculate the nonvalue-added usage and costs for materials usage and sustaining engineering

  Preparing direct-material purchases budget

Ocean Waverunners plans to manufacture 20,000 units, 24,000 units, and 30,000 units, respectively, in October, November, and December. Make a direct-material buys budget for October in parts and dollars.

  Compute the residual income for each division

Assume that the company evaluates performances using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division.

  Find what yield to maturity do expect to receive

What yield to maturity do they expect to receive? ( Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places)

  Find what beginning and ending amounts for walt disney

Year-end assets equaled $92,033 million. Equity $1,332 million during the year. What were beginning and ending amounts for Walt Disney's liabilities?

  Prepare the cash flows from operating activities section

The income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Macro Soft Corporation.

  What limits the usefulness to managers of fixed budget

What limits the usefulness to managers of fixed budget performance reports? How can these limits be overcome? Explain in detail with suitable example.

  Find the assessment of a service industry

Assessment of a service industry. Evaluate the differences between Activity Based Costing and the traditional costing method in today's organization

  Journalize the entry on july and the annual adjusting entry

Ling Co. pays $12,400 to Marsh Insurance Co. For Ling Co., journalize the entry on July 1 and the annual adjusting entry on December 31.

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