Lindwall Corporation Has Reported Operating Profit of $30 000 and a Fixed

question 320

Multiple Choice

Lindwall Corporation has reported operating profit of $30 000 and a fixed overhead cost rate is $20 per unit for the current accounting period.Under variable costing,if this company produces 100 more units of inventory,then operating profit:

• A)is indeterminable.
• B)will increase by $2000.
• C)will not be affected.
• D)will increase by $2000 only if the 100 additional units of inventory are sold.

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Definitions:

Convenience Sampling

A non-probability sampling method where subjects are selected because of their convenient accessibility and proximity to the researcher.

HR Department

The department within an organization that is focused on activities relating to employees, including hiring, training, compensation, benefits, and workplace culture.

Email Distribution

A strategy used to send a single email or series of emails to a large group of recipients, aiming at marketing, information dissemination, or engagement.

Voluntary Response Sampling

A sample which consists of individuals who choose themselves to participate, leading to potential bias.