User Account

All Pages

Different costing methods if the operating income

Assignment Help Business Management
Reference no: EM132171850

Assuming that total under/over applied overhead is closed to cost of goods sold, all three costing methods end up with the same operating income at the end of the year. Why then do companies use different costing methods if the operating income at the end of the year is always the same?

Reference no: EM132171850

Questions Cloud

Equal annual payments at an annual effective rate : A 19-year loan of $7600 is to be repaid with payment at the end of each year. It can be repaid under the following two options:
Calculate the outstanding loan balance : Calculate the outstanding loan balance immediately after the 61st payment is made.
Calculate the expected price of the stock : Calculate the expected price of the stock. Please work out step by step
What is the convertible bond price : 1. What is the convertible bond price? 2. What is the conversion value of the bond?
Different costing methods if the operating income : Why then do companies use different costing methods if the operating income at the end of the year is always the same?
Compute the income tax according to this schedule : Write a function name tax_1913 that compute the income tax according to this schedule and show your output for an income of $89,000 and $278,000.
What was the change in net working capital : If the net capital spending was $20,000, what was the change in net working capital?
Write a program that plays a modified yahtzee game : You will allow a single player to play with 5 dice. For those of you who know how to play the game, you will only play the top half of the game.
Net income is reported on the income statement : Net income is reported on the Income Statement, an accounting equation that follows GAAP, generally accepted accounting principles

Reviews

Write a Review

Business Management Questions & Answers

  Contribution margin total contribution margin food cost

Menu Item Number Sold Selling Price Total Sales Item Cost Total Cost Item Contribution Margin Total Contribution Margin Food Cost %

  Problem regarding the capital asset pricing model

To CAPM or not to CAPM - that is the question. CAPM is a valuable tool that often comes under fire for all the estimates it relies upon. What are the key estimates used in CAPM? Why is this measure so harshly criticized? Do you agree with the crit..

  What types of positions do you think

What types of positions do you think this might be suitable for? What might be some drawbacks to this approach?

  Organizational change - how would the scope of change

Organizational Change - How would the scope of change ? unit, department, or entire organizationâ?"alter the allocation of resources?

  What is the critical path for the project

Analyze your project in terms of project completion, critical path, and slack / float. Specifically, be sure to answer the following: When will the project be completed and What is the critical path for the project?

  Theoretical and empirical justifications for privatization

Critically assess theoretical and empirical justifications for privatization. Essay must be double-spaced document approximately 10 pages in length (excluding references) by November 28, 2016.

  What is the range of a data set

What is the range of a data set? What are the variance and standard deviation? What do they measure?

  1 which area of the healthcare system would you target

1 which area of the healthcare system would you target first for reductions in expenses? explain your reasons.2 what

  Financial institutions as intermediaries

Why do we often refer to financial institutions as "intermediaries"? What does the term "intermediary" mean and how does it help describe the function of the institution?

  Myer-briggs type indicator mbtido you see value in the use

myer-briggs type indicator mbtido you see value in the use of the myers-briggs type indicator mbti as a means of

  Interest to both researchers and practitioners

Workforce engagement has become a key issue for organisations, and of interest to both researchers and practitioners. What factors contribute to workforce engagement and how can an organization's approach to issues such as communication, leadershi..

  Inflation and interest rates

What would you expect the nominal rate of interest to be if the real rate is 4.3 percent and the expected inflation rate is 6.6 ?percent? Round to 2 decimal pla

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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