35 Net profit under absorption costing may differ from net profit determined under directcosting. How is this difference calculated? *O Change in the quantity of all units in inventory times the relevant fixed cost per unit.O Change in the quantity of all units produced times the relevant fixed cost per unit.O Change in the quantity of all units in inventory times the relevant variable cost per unit.O Change in the quantity of all units produced times the relevant variable cost per unit.

The variable costing includes variable manufacturing costs in its production cost and absorption…

Net profit under absorption costing may differ from net profit determined under d costing. How is this difference calculated? * Change in the quantity of all units in inventory times the relevant fixed cost per unit. Change in the quantity of all units produced times the relevant fixed cost per unit. Change in the quantity of all units in inventory times the relevant variable cost per unit. Change in the quantity of all units produced times the relevant variable cost per unit.

Net profit under absorption costing may differ from net profit determined under d costing. How is this difference calculated? * Change in the quantity of all units in inventory times the relevant fixed cost per unit. Change in the quantity of all units produced times the relevant fixed cost per unit. Change in the quantity of all units in inventory times the relevant variable cost per unit. Change in the quantity of all units produced times the relevant variable cost per unit.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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