Question
The level of inventory of a manufactured product has increased by 8,303 units during a period. The following data are also available: Variable Fixed Unit
The level of inventory of a manufactured product has increased by 8,303 units during a period. The following data are also available:
| Variable | Fixed | |
| Unit manufacturing costs of the period | $12.00 | $5.00 |
| Unit operating expenses of the period | 1.00 | 2.00 |
The effect on operating income if variable costing is used rather than absorption costing would be a(n)
a.$58,121 decrease
b.$58,121 increase
c.$41,515 decrease
d.$41,515 increase
The level of inventory of a manufactured product has increased by 8,303 units during a period. The following data are also available:
| Variable | Fixed | |
| Unit manufacturing costs of the period | $12.00 | $5.00 |
| Unit operating expenses of the period | 1.00 | 2.00 |
The effect on operating income if variable costing is used rather than absorption costing would be a(n)
a.$58,121 decrease
b.$58,121 increase
c.$41,515 decrease
d.$41,515 increase
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Auditing Oracle E Business Suite Common Issues
Authors: Jeffrey T. Hare
1st Edition
1329529766, 978-1329529762
