The Income of a Company for a Year on a Variable

question 54

Multiple Choice

The income of a company for a year on a variable costing basis is $85 000 and on an absorption costing basis is $73 000. Fixed costs per unit were the same in both the prior and current year ($1.20 per unit) . What was the change in inventory over the year?

• A) Decrease of 10 000 units
• B) Increase of 10 000 units
• C) Increase of 12 000 units
• D) None of the given answers

Identify barriers to successful demographic transition in developing countries.

Understand the factors influencing infant mortality and life expectancy.

Recognize the impact of family planning, economic opportunities, and education on birth rates.

Identify the goals and outcomes of the UN's 1994 International Conference on Population and Development.

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Definitions:

Colleges

Institutions of higher learning that offer undergraduate or sometimes graduate degrees in various fields of study.

Medical Model

A framework that views disabilities or illnesses primarily as a problem of the body that requires medical treatment or intervention.

Mental Illness

A broad range of mental health conditions that affect mood, thinking, and behavior, often requiring clinical diagnosis and treatment.

Stress

The body's response to any demand or challenge, which can be caused by both positive and negative experiences and affects physical and mental health.