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    Harvard university
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Category > Accounting Posted 09 May 2017 My Price 7.00

unfavorable PVV

a) If a company reports an unfavorable PVV, what conclusion can we draw about that company?

 

b) If operating income under variable costing is higher than operating income under absorption costing, what conclusion can we draw about that company?

 

c) If inventory increases by $50,000 under absorption costing and $30,000 under variable costing for the same company in the same period, what conclusion can we draw about that company?

 

d) If a company increases production but not sales during a period under variable costing, what is the impact on the company’s financial statements?

Answers

SuperTutor
(15)
Status NEW Posted 09 May 2017 12:05 AM My Price 7.00

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