Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company with fixed manufacturing costs of $500,0

A company with fixed manufacturing costs of $500,000 produces 100,000 units in 2020 and 125,000...

80.2K

Verified Solution

Question

Accounting

A company with fixed manufacturing costs of $500,000 produces 100,000 units in 2020 and 125,000 units in 2021. The company sells 90,000 units each in both years. Other costs and selling price are unchanged for 2020 and 2021. Assume that there was no beginning inventory in 2020. Which of the following is true? Variable costing income will be greater in 2020 than in 2021. The dollar amount of ending inventory will be greater in 2020 than in 2021. Variable costing income will be the same in 2021 and 2020.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Which atom is not involv OC Both C and S

Physics
1.2K views

0 02 moles of an ideal gas undergo a cycle consisting of an isochoric process...

Physics
1.2K views

iv The magnitude of area of the parallelogram formed by the adjacent sides of vectors...

Geometry
1.2K views

the figure below O is between Mand P and N is the midpoint of MO...

Geometry
1.2K views

B Figure Parallelogram ABCD 4x 6 in A y 10 in E 6y in C...

Calculus
1.2K views

The term containing a^8 in the expansion of (b + a)^ 7 is______

Algebra
1.2K views

Which of the following functions has a graph that is symmetric about the y axis...

Algebra
1.2K views

hich of the following is equal to ultiple choice 6 2 A B C D...

Accounting
1.2K views

(a) explain total quality management (b) discuss four (4) ways the company can use to...

Accounting
1.2K views

On the first day of the fiscal year, Jill Company issues $3,639,000, 11%, 10-year bonds...

Accounting
1.2K views

Variable expenses are $8 per Feather Friends, Incorporated, distributes a high-quality wooden birdhouse that sells...

Finance
1.2K views

Hedging Strategies using Index Futures On the 15th of January 2019, an investor holds an...