31.During a given year, if a company sells more units than it produces, then ending inventory units will be less than beginning inventory units.
32.The data needed for cost-volume-profit analysis is readily available if the income statement is prepared under absorption costing.
33.The data needed for cost-volume-profit analysis is readily available if the income statement is prepared using a contribution format.
34.Given the following data, total product cost per unit under variable costing is $10.75.
35.Given the following data, total product cost per unit under variable costing is $7.09.
36.Given the following data, total product cost per unit under variable costing will be greater than total product cost under absorption costing.
37.Given the following data, total product cost per unit under absorption costing is $9.14.
38.Given the following data, total product cost per unit under absorption costing is $11.40.
39.Given the following data, total product cost per unit under absorption costing will be greater than total product cost per unit under variable costing.
40.Given the following data, total product cost per unit under absorption costing will be $400 greater than total product cost per unit under variable costing.