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please slove the following quesions written by computer 1. What is meant by incremental analysis? 2. What is the unit product cost under variable costing?

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1. What is meant by incremental analysis? 2. What is the unit product cost under variable costing? 3. What is the amount of the difference between the variable costing and absorption costing net operating incomes? What is the cause of this difference? 4. Distinguish between (a) a variable cost, (b) a fixed cost, and (c) a mixed cost. 5. What is meant by the margin of safety? 6. What are the arguments in favor of treating fixed manufacturing overhead costs as product costs? 1. Define cash equivalents. 2. Define a compensating balance. How are compensating balance reported in financial statements? 3. Explain any possible differences between accounting for an account receivable factored with recourse compared with one factored without recourse. 4. Identify two advantages of dollar-value LIFO compared with unit LIFO. 5. Explain the LIFO retail inventory method. 6. Define comprehensive income

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