Profit under absorption costing may differ from profit determined under variable costing. How is this difference calculated?
a. Change in the quantity of all units in inventory times the relevant fixed costs per unit.
b. Change in the quantity of all units produced times the relevant fixed costs per unit.
c. Change in the quantity of all units in inventory times the relevant variable cost per unit.
d. Change in the quantity of all units produced times the relevant variable cost per unit.
A
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Japan is a major exporter of manufactured goods, services, and investment funds. Japan also exports its goods to other types of economies for raw materials and semi-finished goods. This is an example of a(n) ________ economy
A) agricultural B) emerging C) industrial D) raw material exporting E) subsistence
Specifications that establish the compatibility of products and the ability to communicate in a network are called
A) network standards. B) telecommunications standards. C) technology standards. D) Internet standards. E) compatibility standards.