Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. topic 2: which method do you think allows for the

Topic 2: Which method do you think allows for the greatest manipulation of net income: variable...

50.1K

Verified Solution

Question

Accounting

Topic 2: Which method do you think allows for the greatestmanipulation of net income: variable or absorption costing and why?Discuss any ethical concerns associated with your answer. Do notforget APA format on your sources, in-text citations.

Answer & Explanation Solved by verified expert
4.3 Ratings (914 Votes)
Reference Drury C 1992 Absorption costing and variable costing In Management and Cost Accounting Springer Boston MA First of all we need to understand product costing under Variable or Absorption costing method Absorption costing included all costs including fixed costs incurred in production while Variable costing includes only the variable costs incurred in production Companies that keep variable costing method keeps fixed cost separate from the production cost Some of the direct costs include direct materials direct labor overhead The fixed cost that differentiate variable costing and absorption costing are mainly overheads like salaries building leases which do not    See Answer
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

Transcribed Image Text

Topic 2: Which method do you think allows for the greatestmanipulation of net income: variable or absorption costing and why?Discuss any ethical concerns associated with your answer. Do notforget APA format on your sources, in-text citations.

Other questions asked by students

Geometry
1.2K views

First try was incorrect Choose the equation that WILL NOT model the Triangle Sum Theorem...

Mechanical Engineering
1.2K views

The accessory drive unit of a large aircraft engine involves an identical pair of 20° full-depth...

General Management
1.2K views

What is cost forecasting and how is it utilized in project management? What are some methods...

Basic Math
1.2K views

Can a six-month exercise program increase the total body bone mineral content (TBBMC) of young women? That...

Biology
1.2K views

glucose that metabol ADE TRUE FALSE Write T if the statement is true and F...

Biology
1.2K views

There are two molecules in the image to the right purple circles and blue blobs...

Basic Math
1.2K views

You own a hamburger franchise and are planning to shut down operations for the day,...

Accounting
1.2K views

kirsch corportration's standard wage rate is $13.40 per direct labor hour (DLH) and accordingto the...

Accounting
1.2K views

A company exchanged land and cash of $4,000 for similar land. The book value and...

Accounting
1.2K views

At the end of 2022, the following information is available for Great Adventures Additional...

Accounting
1.2K views

Cmo se cambia el estado de un proyecto a terminado en QuickBooks Online Accountant? ...

Accounting
1.2K views

Jorge and Anita, married taxpayers, earn $406,000 in taxable income and $67,500 in interest from...