The Carrying Value of Finished Goods Inventory at the End

question 108

Multiple Choice

The carrying value of finished goods inventory at the end of the year under variable costing would be:

• A)$8,800 greater than under absorption costing.
• B)$8,800 less than under absorption costing.
• C)$5,800 less than under absorption costing.
• D)The same as absorption costing.

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Definitions:

Homan Sign

A clinical sign often used in the diagnosis of deep vein thrombosis (DVT), identified by pain in the calf or popliteal region upon dorsiflexion of the patient's foot.

High Pitched

High pitched describes sounds that are at the upper end of the audible spectrum, characterized by a high frequency.

Lack of Response

The absence or failure of a reaction to stimuli or treatment, implying a non-responsive state or condition.

CN XI

The eleventh cranial nerve, also known as the accessory nerve, which is responsible for controlling certain muscle movements in the shoulder and neck.