During a year in which the number of units manufactured is less than the number of units
Question:
During a year in which the number of units manufactured is less than the number of units sold, the operating income reported under the variable costing concept would be:
a. larger than the operating income reported under the absorption costing concept.
b. smaller than the operating income reported under the absorption costing concept.
c. the same as the operating income reported under the absorption costing concept.
d. none of the above.
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a In a period in which the number of units manufactured ...View the full answer
Answered By
Robert Carden
In senior school, in the UK, I was a peer tutor at my school. Basically this meant that I would have weekly sessions with groups of students (ages 11-14) to check on their wellbeing, teach them about the school, as well as guiding them through subject-specific activities, as well as helping them with their homework. This was my first experience going through work with kids, and taught me a lot about how to make sure that study is both interesting and useful.
I also created, and lead, my school's philosophy society which had students from ages 11-18 in attendance. We would go through notable or interesting philosophers and thinkers from history, explore their ideologies and then have group discussions about specific sections of their thought. As the leader of the society, I was in charge of selecting the philosopher we would discuss each week, as well as adjusting their content for the kind of audiences we used to get.
At university I was also involved with a number of extra-curricular reading groups where we would individually, and collectively, go over specific sections of a writer or philosopher's work, and would often present to the rest of the group on our specific area of study. Thus I'm perfectly comfortable condensing quite complicated ideas into more digestable forms!
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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