In an Income Statement Prepared as an Internal Report, Total $\begin{array}{lrr} &\text { Absorption costing } & \text { Variable costing } &\\\end{array}$

question 62

Multiple Choice

In an income statement prepared as an internal report, total fixed costs normally would be shown separately under:
$\begin{array}{lrr} &\text { Absorption costing } & \text { Variable costing } &\\\end{array}$
A. $\begin{array}{lrr} &&&& \text { No} &&&&&&& \text { No } &\\\end{array}$
B. $\begin{array}{lrr} &&&& \text { No} &&&&&&& \text { Yes} &\\\end{array}$
C. $\begin{array}{lrr} &&&&\text {Yes } &&&&&&& \text {Yes } &\\\end{array}$
D. $\begin{array}{lrr}&&&& \text { Yes } &&&&&&&\text {No } &\\\end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Target Return

A financial goal for the return on an investment or business venture that a company or investor aims to achieve.

Target Return-on-investment Pricing

is a pricing method where prices are set to achieve a specified return on investment (ROI) for product sales or projects.

Annual Target ROI

The desired return on investment set by a business for a specific fiscal year, guiding financial and operational decisions.

Specific Product Class

A distinct category or group of products that share common attributes or functionalities.