Feldspar,Inc

question 150

Multiple Choice

Feldspar,Inc.started the year with 200 units in the Finished Goods Inventory account.It produced 600 units during the year and sold 800 units.If Feldspar uses variable costing,________.

• A) its operating income for the period will be higher than under absorption costing
• B) its operating income for the period will be lower than under absorption costing
• C) its value of ending Finished Goods Inventory reported in the balance sheet will be higher than under absorption costing
• D) its operating income will be the same as under absorption costing

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Definitions:

Forms

Different shapes, structures, or types of something, often referring to documents, methods, or variations that something can take.

Physiological Reactions

Bodily responses to external stimuli, which can include changes in heart rate, hormone levels, or muscle tension.

Cardiovascular System

is the body's circulatory system, comprising the heart, blood vessels, and blood, responsible for transporting nutrients, oxygen, and waste products.

Diabetes

Diabetes is a chronic health condition where the body is unable to properly process glucose, leading to elevated blood sugar levels.