Solved

Flint Enterprises Had the Following Cost and Production Information for April

Question 28

Multiple Choice

Flint Enterprises had the following cost and production information for April: Flint Enterprises had the following cost and production information for April: Inventory increased by 4,000 units during April.How much greater will Flint Enterprises' income be under absorption costing than under variable costing? A) $80,000 B) $16,000 C) $95,000 D) $144,000 Inventory increased by 4,000 units during April.How much greater will Flint Enterprises' income be under absorption costing than under variable costing?


A) $80,000
B) $16,000
C) $95,000
D) $144,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: Bayshore,Inc. ,has collected the following cost data

Q24: Silver Products has presented the following information

Q25: Star,Inc.used Excel to run a least-squares regression

Q26: The high-low method provides a reasonable estimate

Q27: A variable cost increases in total as

Q29: Contribution margin is defined as sales revenue

Q30: Cardinal uses the high-low method of estimating

Q31: Ajax uses the high-low method of estimating

Q32: Which of the following statements is true?<br>A)Fixed

Q33: Carson,which uses the high-low method,reported total costs