When the number of units sold exceed the number of units produced, income reported under absorption costing will be lower under absorption than under variable costing. which of the following gives the best justification of the above statement?

a. income under absorption costing is always less than income reported using variable costing, regardless of the number of units produced.
b. income under absorption costing is always more than income reported using variable costing, regardless of the number of units produced.
c. the fixed overhead cost deferred in ending inventory is greater than the fixed overhead cost recognized from beginning inventory.
d. the fixed overhead cost deferred in ending inventory is less than the fixed overhead cost recognized from beginning inventory.

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?