Examlex

Solved

The Following Data Were Provided by Green Enterprises for the Most

question 85

Multiple Choice

The following data were provided by Green Enterprises for the most recent period:
 Units in beginning inventory 0 Units produced 8,000 Units sold 6,000 Variable costs per unit:  Manufacturing $15 Selling and administrative $5 Fixed costs in total  Manufacturing $24,000 Selling and administrative $16,000\begin{array} { | l | r | } \hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 8,000 \\\hline \text { Units sold } & 6,000 \\\hline \text { Variable costs per unit: } & \\\hline \text { Manufacturing } & \$ 15 \\ \hline \text { Selling and administrative } &\$ 5 \\\hline \text { Fixed costs in total } & \\\hline \text { Manufacturing } & \$ 24,000\\\hline \text { Selling and administrative } & \$ 16,000\\\hline\end{array}

-For the period noted,which of the following statements best describes the relationship between the operating income under absorption costing and under variable costing?


Definitions:

Males

Individuals of the sex that produces small, mobile gametes (sperm) for reproduction and is typically characterized by certain physical features distinct from females.

Females

Refers to the sex of an organism or human being that produces non-motile ova (egg cells) and can typically bear offspring or produce milk for its young.

False Beliefs

Convictions or understandings that are not aligned with the actual state of affairs or reality.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed or heard, a concept developed in early childhood.

Related Questions