M&H's Unit Production Cost Under Variable Costing Is $25, and $32

question 2

Multiple Choice

M&H's unit production cost under variable costing is $25, and $32 under absorption costing.Net income under variable costing was $250,000 and $187,000 under absorption costing last year.Production equalled 63,000 units.How many units did M&H sell?

• A)72,000
• B)54,000
• C)70,000
• D)56,000

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Definitions:

Segmentary Differentiation

A concept in sociology and anthropology referring to the division and organization of society into hierarchically arranged segments.

Identical Functions

In mathematics or computer science, this term refers to functions that produce the same output for all possible inputs.

Stratificatory Differentiation

involves the division of society into layers or strata based on variables such as wealth, power, and prestige.

Vertical Differentiation

Refers to the process of ranking various products, services, or individuals based on quality or prestige rather than quantity or access.