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Author Question: The following information pertains to Stone Wall Corporation: Beginning fixed manufacturing overhead ... (Read 199 times)

washai

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on: Mar 6, 2021

Question 1

The contribution-margin format is used for ________.
◦ variable costing income statement
◦ mixed costing income statement
◦ absorption costing income statement
◦ job order costing income statement

Question 2

The following information pertains to Stone Wall Corporation: 

Beginning fixed manufacturing overhead in inventory$70,000
Ending fixed manufacturing overhead in inventory49,000
Beginning variable manufacturing overhead in inventory$34,000
Ending variable manufacturing overhead in inventory18,000
Fixed selling and administrative costs$740,000
Units produced5,000 units
Units sold4,300 units

What is the difference between operating incomes under absorption costing and variable costing?
◦ $3,000
◦ $37,000
◦ $21,000
◦ $10,500
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by washai on Mar 6, 2021

lgoldst9

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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washai

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

amcvicar

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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