239) The contribution margin income statement presents ________ above the contribution margin line.

A) just variable prices relating to offering and also governmental activities

B) only resolved costs relating to marketing and bureaucratic activities

C) all addressed prices

D) all variable costs

240) The contribution margin revenue statement presents ________ below the contribution margin line.

A) just variable prices relating to marketing and also administrative activities

B) only solved prices relating to selling and governmental tasks

C) all addressed costs

D) all variable costs

241) All addressed expenses are noted ________ on a contribution margin revenue statement.

A) below the contribution margin line

B) above the gross profit line

C) above the contribution margin line

D) below the gross profit line

242) All variable prices are noted ________ on a contribution margin revenue statement.

A) over the gross profit line

B) above the contribution margin line

C) listed below the contribution margin line

D) below the gross profit line

243) When the variety of units created is much less than the number of devices sold, just how does operating income under variable costing differ from operating income under absorption costing?




You are watching: Which of the following statements is true concerning income if production exceeds units sold?

A) It is reduced than operating income under absorption costing.

B) It is greater than operating income under absorption costing.

C) It is the exact same as operating earnings under absorption costing.

D) It relies upon the amount of decrease.

244) Which of the following statements is true concerning income if production exceeds units sold?

A) A higher operating income will certainly outcome under a variable costing income statement.

B) A lower operating income will outcome under an absorption costing revenue statement.

C) A greater operating earnings will outcome under an absorption costing revenue statement.

D) The same operating income will result under both a variable costing and also absorption costing earnings statement.

245) How is operating income impacted if the variety of systems sold exceeds the number of systems produced?

A) Operating revenue would be better under a variable costing revenue statement.

B) Operating income would certainly be reduced under a variable costing revenue statement.

C) Operating income would certainly be higher under an absorption costing earnings statement.

D) Operating earnings would be the exact same under both a variable costing and also absorption costing income statement.

246) Which kind of costing mechanism is the only acceptable costing mechanism for external financial reporting?

A) Prime costing

B) Out-of-pocket costing

C) Variable costing

D) Absorption costing

247) A fundamental tenet of variable costing is that fixed manufacturing overhead prices be presently expensed. What is the rationale behind this?

A) Fixed production overhead costs are mostly immaterial in amount.

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B) Fixed production overhead expenses happen regardmuch less of level of production.