The Downside Risk of Best Argumentative Essay Samples That No One Is Talking About

The Downside Risk of Best Argumentative Essay Samples That No One Is Talking About You want to understand how to compose an effective essay as it is a typical foundation for a student's grade. Argumentative Essay Topics for student relevant coursework There are lots of argumentative essay topics for college students simple to find, but you ought to choose something quite intriguing. After all, the work of the student is to just explain how other positions might not be well informed or current on this issue. If you find yourself with a great grade, be certain to return and tell me! Services where you are able to discover expert essay writer online are popular among the net. After you locate a service you enjoy, don't neglect to look at my review of it. It's critical that the service you decide on knows for sure they're only employing the ideal essay writers. Simply speaking, the service exists, so should you need to use it in order to find a top essay, that's reason enough. What Is So Fascinating About Best Argumentative Essay Samples? Your essay should consist of recent statistics and data from reliable sources. You may examine the extra details on how best to compose an eye-catching essay introduction with a hook. An argumentative essay example will reveal the should possess some very important components which make it better in the practice of convincing. Any great task finishes with a wonderful conclusion and the very best examples of the argumentative essay will arrive in with a conclusion which has an overview of all of the points together with a gist of the evidences provided. Where to Find Best Argumentative Essay Samples Your facts ought to be truthful. You've got to show the significance of the topic which you've selected. Look through the list of topics cautiously and commence making a mental collection of the evidence you may use on topics you want. Deciding on an argumentative topic isn't that easy. Before you turn in your assign ment, you are going to want to appear over it one final moment. Persuasive essays are largely much like argumentative ones so much that it might be tough to pinpoint the difference at first. Utilizing a writing service is the best method to have a well-written essay to use as a guideline to guarantee the essays you write are hitting each of the crucial points and are at the appropriate depth needed for your academic grade. An argumentative essay is a writing piece intended to persuade a person to believe the way that you do. An argumentative essay is an excellent tool of persuasion as you show the reader. It is a particular type of academic writing. The finest argumentative essays are the ones when you truly believe in what it is that you're writing about. The upcoming few paragraphs will compose most of your essay. Remember that the period of your essay is contingent on the assignment offered to you. The very first sentence of the essay has to be interesting enough to produce the reader read on. The Basics of Best Argumentative Essay Samples A comprehensive argument As mentioned before, an argument does not need to be formal. No matter the truth is, make sure the essay is appealing and generate interest among the readers to get involved in the debate. Obviously, you must revolve around supporting your thesis statement in place of the opponents. A conclusion isn't a doubt the most significant part the argumentative essay because you can either support the very good impression or destroy it entirely. The Characteristics of Best Argumentative Essay Samples The essay ought to have a little structure, unlike a normal essay. Usually, argumentative essays aren't similar to othertypes of essays. An argumentative essay is normally re ferred to as a persuasive. Every argumentative essay ought to be based on a topic that may be debated. To compose an impressive short essay, especially during an examination, you have to be in a position to hit the question and give a straightforward answer while at the identical time observing the most suitable structure of an essay. These ideas can help you make a very good essay easily. To write a great argumentative essay, there are four main elements of the essay you're likely to have to know about. If you're new to writing argumentative essays, there are a number of important factors which you can learn that may help you compose a far better argumentative essay. The Chronicles of Best Argumentative Essay Samples The simplest approach to decide on the kind of an essay is to realize the writer's point of view. The first thing you're likely to have to do is to choose a topic that has more than one clear side. Not only will the switch help reduce the expense of textbooks, but nevertheless, it will also be saving the environment by decreasing waste and diminishing the quantity of paper used. For your debate to be a strong one you always need to double check to see whether there are enough data and information which can back up your viewpoint.

Sternberg s Triarchic Theory Of Human Intelligence

Sternberg s Triarchic Theory of Human Intelligence History of the Intelligence Theory The history of Sternberg s Triarchic Theory of Human Intelligence can be traced back to 1977, 1985, and 1995. Robert Sternberg s principal proponent of this intelligence theory. He developed the theory when he was teaching at the Yale University. His aim was to establish how education could enhance creative intelligence (experiential), analytical intelligence (componential), and the practical intelligence (contextual). The analytical component helps students to break down the problem, process the information, and solve it. Analytical skills are essential since they help the student to compare different social issues and make an informed conclusion.†¦show more content†¦In 2003, he served as the President of the American Psychological Association. Sternberg has made a significant contribution to psychology, having written more than 1,600 articles and several books. Research supporting the validity of the theory. There have been several studies that seek to test the validity and reliability of the Sternberg’s Triarchic Theory. In one study Sternberg (2000), examined how the method of delivery of content in school affected academic performance. The conducted study was in Raleigh, North Carolina and another one in Baltimore, Maryland, and Fresno, California. The student sample in Raleigh, North Carolina was mostly from low-income families, totaling 225. The other sample was of students from middle to upper-middle class families, totaling 142. The test involved teaching by using three primary methods. In the first one, students had no interventions with the teaching, with the main purpose was to memorize. In the second group was taught how to analyze the information. In the final group had applied the analytical, creativity, and practical strategies for the teaching. The students tested, and the last group (infused creativity, analytical, and practical interventions) outperformed the rest . Similar studies have same yield results, which demonstrates the validity of Sternberg s Triarchic Theory of Intelligence (Grigorenko,Show MoreRelatedThe Difficulties in Defining and Measuring Intelligence2390 Words   |  10 PagesIN DEFINING AND MEASURING INTELLIGENCE Intelligence can be described in many ways with many tests focusing on an individual’s cognitive abilities and failing to account for the social and practical aspects of intelligence. Tests to measure intelligence vary immensely and test different types of intelligence; such as Emotional Intelligence, which has proved popular in more recent years. Although researchers are unable to agree upon a general definition of intelligence they do agree that thereRead MoreIntelligence And Concepts Of Modern Day Society1721 Words   |  7 Pagesadvanced findings can attest past concrete research that has come to a conclusion. Intelligence and concepts alike categorized as evolutionary fugues, the vast, detailed state of the brain and it s understanding is still being processed and heavily evaluated. Chances are you may have heard terms brainiac, smarty pants, genius the list goes on, these are some names associated with someone with alto intelligence. 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For psychologists;however, a simple definition isn’t sufficient to come to an agreement of the definition of intelligence , hence their developed theories. Some of the contributors to theories are Charles Spearman and his theory of General Intelligence, Louis L.Read MoreTheory Of Intelligence, Creativity, And Scaffolding Essay1994 Words   |  8 Pagesreport will discuss the theorists and theories in the area of Multiple Intelligences and Triarchic Theory of Intelligence, Creativity, and Scaffolding. In the area of Multiple Intelligences and Triarchic Theory of Intelligence, it will talk about Howard Gardner’s Multiple Intelligences Theory and Robert Sternberg’s Triarchic Theory of Intelligence, as well as the affect it will have on teaching practices. With Creativity, it will discuss Mihaly Csikszentmihalyi’s theory of Creativity, and Keith SawyersRead MoreQuestions On Intelligence And Intelligence1252 Words   |  6 Pagescapabilities are what we typically associate with intelligence. 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Intellectual Development Intellectual development can best be described as a child’s ability to thinkRead MoreDifferent Theories About Learning Styles Essay2112 Words   |  9 Pages Introduction Learning style is an individual s unique approach to learning based on strengths, weaknesses, and, preferences. Learning styles explains the concept that every person learns differently. Assessments of learning style typically ask individuals to evaluate what sort of information presentation they prefer, and, what kind of mental activity they find most engaging, and, attractive for them. Theories about learning styles agree that all people can be classified accordingRead MoreIs Intelligence A Separate Personality Trait? Essay1873 Words   |  8 Pagesthat has been conducted in the field of intelligence, as it pertains to personality psychology, in an attempt to answer the question: Is intelligence a separate personality trait? Intelligence There are many definitions for the term intelligence several of these are as follows: A term usually referring to a general mental capability to reason, solve problems, think abstractly, learn and understand new material, and profit from past experience. Intelligence can be measured by many different kindsRead MoreThe Theory Of Multiple Intelligences Theory1827 Words   |  8 PagesWhat is intelligence? Is it how well an individual can excel at academic tasks, emotional tasks, or physical tasks? Can intelligence be measure scientifically and accurately or is it an abstract idea or concept that requires an individual to critically think and come up with an answer? A common interpretation of intelligence is the ability or abilities of an individual’s capacity for: logic, emotion, abstract, learning, planning, understanding, memory, self-awareness, creativity, and most important

Ride Sharing Company Uber

Question: Describe about the ride sharing company Uber. Answer: Assessment of Corporate Social Responsibility of Uber Taxi Services in the area of ecological sustainability The ride sharing company Uber is remarked as polarizing over the last year. Most of the venture capital firms accept Uber prospects as well as reflects $40 billion valuation as a whole. Uber Taxi services determines in alienating everyone at the same time (Winer Dhar, 2011). Taxi drivers consider Uber as unsafe as well as rapacious competitors. It is the leading lawmakers in and around various markets. It claims for average New York City drivers for earning more than $ 90000 per year. According to Senior Executive, it is stated that Uber requires investigating personal as well as family lives (Sheehan, 2011). Economic, Ethical and Discretionary Corporate Social Responsibility considers as a role that Uber plays in meeting the agenda of sustainable development. It mainly entails balanced approach on matters relating to economic progress, social progress as well as environmental stewardship (Shaw, 2011). It is presented in transparent as well as accountable and ethical ways for future analysis purpose. Uber is responsible for several impacts of activities as well as decisions in the near future. It requires in taking into account the expectations of stakeholders as well as in compliance with law. It demonstrates ways in viewing at the international norms of behaviour. It integrates activities throughout the organization as well as practices in relationship and managed in careful manner (Peter Donnelly, 2011). The main societal goal is to reach towards attainment of sustainable society as well as corporations. It provides essential contributions in fair, decent as well as honest business behaviour in the most appropriate way. Corporate Social Responsibility acts as philanthropy as well as corporate giving attributes in an effective way. It is the strategy that tightens business strategy of Uber. Every business aims at profit maximization for attainment of future success in desired form. On critical analysis, it is revealed that profits and valuation serves importance in making at cost for stakeholders as well as national interests (Lister, 2011). Corporate Social Responsibility viewed as philanthropic activity as well as cash in making strategies for future. It aims at making sustainable as well as successful in long-term planning and risk mitigation strategy for the same. With the help of CSR initiatives, management requires support in building reputation as well as competiveness (Lindgreen, 2011). Uber management should drive innovative activities as well as leading sustainable profits. It builds effective ways in employee as well as customer loyalty and attracts investors for investing in companies. It ensures good visibility in case of sustainability as well as indicating transparency in decisions and fostering sustainable development to society as a whole. Uber had come out with model (disruptive) in business practices. Figure: Process of Uber taxi Services (Source: Lancaster Massingham, 2011) It is recommended in conducting fair and decent activities in recognizing role of Uber taxi services in society. Addition to that, it requires addressing stakeholder concerns in way of Corporate Responsibility towards Society in the near future. CSR activities reveal ways in making profits as well as becoming good corporate citizen. It manages all related issues in strategic form (Kotler Keller, 2011). Uber focused mainly on profits as well as shareholders at the same time. It projected ways for doing well for consumers as well as cost of other stakeholders in society as a whole. It circumvented law in implementing models as well as catching up cancelling operated licences in every form. It is considered as business risk. Business requires enough continuity in their operations as well as predictability. As far as VUCA World is concerned, CSR comes up as Risk Mitigation Tool. VUCA means volatility, uncertainty as well as complexity and ambiguity. It is advisable to Uber for using glo bal guidelines like ISO 26000 as it renders holistic approach in Corporate Social Responsibility (Kotchen Moon, 2011). It is based upon three pillars namely social as well as economic and environmental. It has seven core subjects like corporate governance, labour practices, fair operating practices, consumer issues as well as community development and involvement. Reference List Benn, S. Bolton, D. (2011).Key concepts in corporate social responsibility. Los Angeles: SAGE. Blythe, J. (2012).Marketing. London: SAGE Publications. Chakrabarty, B. (2011).Corporate social responsibility in India. Abingdon, Oxon: Routledge. Coombs, W. Holladay, S. (2011).Managing corporate social responsibility. Malden, MA: Wiley-Blackwell. Dahlstrom, R. (2011).Green marketing management. Mason, Ohio: South-Western / Cengage Learning.

The monkeyman free essay sample

Calculate the margin of safety. (Round your intermediate calculation and final answer to the nearest dollar amount. Omit the $ sign in your response. ) Margin of safety $ c. Calculate the operating leverage. (Round your answer to 2 decimal places. ) Operating leverage 2. Sawaya Co. , Ltd. , of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs (in Japanese yen, denoted ? ) at high and low levels of activity for recent years are given below: Level of Activity Low High Direct labor-hours 52,800 70,400 Total factory overhead costs ?233,040 ?255,920 The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 52,800-hour level of activity as follows: Indirect materials (variable) ?58,080 Rent (fixed) 136,000 Maintenance (mixed) 38,960 Total factory overhead costs ?233,040 To have data available for planning, the company wants to break down the maintenance cost into its variable and fixed cost elements. We will write a custom essay sample on The monkeyman or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Requirement 1: Estimate how much of the ?  255,920 factory overhead cost at the high level of activity consists of maintenance cost. (Hint: To do this, it may be helpful to first determine how much of the ? 255,920 consists of indirect materials and rent. Think about the behavior of variable and fixed costs! ) (Omit the ? sign in your response. ) Maintenance cost ? Requirement 2: Using the high-low method, estimate a cost formula for maintenance where X represents the number of direct-labor hours. (Round variable cost per unit to 1 decimal place. Omit the ? sign in your response. ) Y = ? + ? X Requirement 3: What total factory overhead costs would you expect the company to incur at an operating level of 58,080 direct labor-hours? (Omit the ? sign in your response. ) Indirect materials ? Rent Maintenance: Variable cost element ? Fixed cost element Total factory overhead cost ? 3. Deavila Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Q91I Product J53Z Sales $ 16,100 $ 11,400 Variable expenses $ 5,720 $ 4,940 Fixed expenses for the entire company were $13,920. Required: a. Determine the overall contribution margin ratio for the company. (Round your answer to 2 decimal places. ) Contribution margin ratio b. Determine the overall break-even point in total sales dollars for the company. (Round your intermediate calculation to 2 decimal places and final answer to the nearest dollar amount. Omit the $ sign in your response. ) Break-even point $ c. If the sales mix shifts toward Product Q91I with no change in total sales, what will happen to the break-even point for the company? It will result in a decrease in the companys overall break-even point. It will result in a increase in the companys overall break-even point. 4 The Central Valley Company is a merchandising firm that sells a single product. The company’s revenues and expenses for the last three months are given below: Central Valley Company Comparative Income Statement For the Second Quarter April May June Sales in units 4,400 5,050 6,400 Sales revenue $ 616,000 $ 707,000 $ 896,000 Cost of goods sold 220,000 252,500 320,000 Gross margin 396,000 454,500 576,000 Selling and administrative expenses: Shipping expense 52,000 57,980 70,400 Advertising expense 68,000 68,000 68,000 Salaries and commissions 134,000 149,600 182,000 Insurance expense 10,000 10,000  10,000 Depreciation expense 38,000 38,000 38,000 Total selling and administrative expense 302,000 323,580 368,400 Net operating income $ 94,000 $ 130,920 $ 207,600 Required: a. Determine which expenses are mixed and, by use of the high-low method, separate each mixed expense into its variable and fixed components. State the cost formula for each mixed expense. (Round per unit answer s to 2 decimal places. Omit the $ sign in your response. ) Cost formula $ + $ per unit $ + $ per unit b. Compute the company’s total contribution margin for May. (Round your answer to the nearest whole number. Omit the $ sign in your response. ) Contribution margin $ 5. The management of Harlow Corporation, a manufacturing company, would like your help in contrasting the traditional and contribution approaches to the income statement. The company has provided the following financial data for January: Sales $231,000 Variable production expense $22,000 Fixed production expense $38,000 Variable selling expense $15,000 Fixed selling expense $27,000 Variable administrative expense $13,500 Fixed administrative expense $49,000 The company had no beginning or ending inventories. The contribution margin for January was: $156,000 $180,500 $184,000 $66,500 = $231,000 – ($22,000 + $15,000 + $13,500) 6. Boening Enterprises, Inc. , produces and sells a single product whose selling price is $148 per unit and whose variable expense is $48 per unit. The companys monthly fixed expense is $510,500. Assume the companys monthly target profit is $11,900. The unit sales to attain that target profit is closest to: 7,195 5,224 10,883 3,530 = 7. Ringstaff Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $141 100% Variable expenses 28. 2 20% Contribution margin $112. 8 80% The company is currently selling 7,800 units per month. Fixed expenses are $609,000 per month. The marketing manager believes that a $26,072 increase in the monthly advertising budget would result in a 240 unit increase in monthly sales. What should be the overall effect on the companys monthly net operating income of this change? Decrease of $26,072 Increase of $1,000 Increase of $27,072 Decrease of $1,000 8. The management of Harlow Corporation, a manufacturing company, would like your help in contrasting the traditional and contribution approaches to the income statement. The company has provided the following financial data for January: Sales $232,000 Variable production expense $31,000 Fixed production expense $25,000 Variable selling expense $18,000 Fixed selling expense $33,000 Variable administrative expense $12,500 Fixed administrative expense $36,000 The company had no beginning or ending inventories. The gross margin for January was: $125,000 $76,500 $188,500 $176,000 9. The management of Archie Corporation would like to better understand the behavior of the company’s warranty costs. Those costs are listed below for a number of recent months: Product Returns Warranty Cost May 34 $ 3,869 June 37 $ 3,915 July 30 $ 3,799 August 40 $ 3,936 September 46 $ 4,012 October 38 $ 3,903 November 39 $ 3,916 December 43 $ 3,962 Management believes that warranty cost is a mixed cost that depends on the number of product returns. Required: Estimate the variable cost per product return and the fixed cost per month using the least-squares regression method. (Do not round intermediate calculations. Round your fixed cost to the nearest dollar amount and the variable cost to 2 decimal places. Omit the $ sign in your response.  ) Variable cost $ per product return Fixed cost $ per month y = 12. 43x + 3858 Variable Cost = $12. 43 Fixed Cost = $3,858 10. Riven Corporation has a single product whose selling price is $17. At an expected sales level of $1,938,000, the companys variable expenses are $684,000 and its fixed expenses are $283,000. The marketing manager has recommended that the selling price be increased by 25%, with an expected decre ase of only 8% in unit sales. What would be the companys net operating income if the marketing managers recommendation is adopted? $971,000 $1,945,700. Wertman Corporation produces and sells a single product with the following characteristics: Per unit Percent of Sales Selling price $152. 00 100% Variable expenses 103. 36 68% Contribution margin $48. 64 32% The company is currently selling 3,800 units per month. Fixed expenses are $215,800 per month. Management is considering using a new component that would increase the unit variable cost by $3. Since the new component would increase the features of the companys product, the marketing manager predicts that monthly sales would increase by 300 units. What should be the overall effect on the companys monthly net operating income of this change? increase of $13,692 increase of $2,292 decrease of $13,692 decrease of $2,292 12. Monsky Corporation produces and sells a single product whose contribution margin ratio is 65%. The companys monthly fixed expense is $416,000 and the companys monthly target profit is $63,050. The dollar sales to attain that target profit is closest to: $270,400 $311,382 $640,000 $737,000 13. When the level of activity increases within the relevant range, how does each of the following change? Choice C Choice B Choice A Choice D 14. What is the cause of the difference between absorption costing net operating income and variable costing net operating income? Absorption costing includes variable manufacturing costs in product costs; variable costing considers variable manufacturing costs to be period costs. Absorption costing deducts all manufacturing costs from net operating income; variable costing deducts only prime costs. Absorption costing includes fixed administrative costs in product costs; variable costing considers fixed administrative costs to be period costs. Absorption costing allocates fixed manufacturing costs between cost of goods sold and inventories; variable costing considers all fixed manufacturing costs to be period costs. 15. On a cost-volume-profit graph, the break-even point is located: where the total revenue line intersects the volume axis. where the total expenses line intersects the dollars axis. at the origin. where the total revenue line intersects the total expenses line. 16. The margin of safety is equal to: Sales (Variable expenses/Contribution margin). Sales Net operating income. Sales (Variable expenses + Fixed expenses). Sales (Fixed expenses/Contribution margin ratio). 17. Net operating income computed using variable costing would exceed net operating income computed using absorption costing if: the average fixed cost per unit is zero. units sold are less than units produced. units sold exceed units produced. units sold equal units produced. 18. Witczak Company has a single product and currently has a degree of operating leverage of 5. Which of the following will increase Witczaks degree of operating leverage? Choice C Choice A Choice B Choice D 19. A disadvantage of the high-low method of cost analysis is that: It relies totally on the judgment of the person performing the cost analysis. It uses two extreme data points, which may not be representative of normal conditions. It is too time consuming to apply. It cannot be used when there are a very large number of observations. 20. Assuming that direct labor is a variable cost, product costs under variable costing include only: direct materials and direct labor. direct materials, direct labor, variable manufacturing overhead, and variable selling and administrative expenses. direct material, variable manufacturing overhead, and variable selling and administrative expenses.  direct materials, direct labor, and variable manufacturing overhead. 21. Denton Company manufactures and sells a single product. Cost data for the product are given below: Variable costs per unit: Direct materials $7 Direct labor 12 Variable manufacturing overhead 3 Variable selling and administrative 5 Total variable cost per unit $27 Fixed costs per month: Fixed manufa cturing overhead $297,000 Fixed selling and administrative 186,000 Total fixed cost per month $483,000 The product sells for $40 per unit. Production and sales data for July and August, the first two months of operations, follows: Units Produced Units Sold July 33,000 29,000 August 33,000 37,000 The companys Accounting Department has prepared absorption costing income statements for July and August as presented below: July August Sales $1,160,000 $1,480,000 Cost of goods sold 899,000 1,147,000 Gross margin 261,000 333,000 Selling and administrative expenses 331,000 371,000 Net operating income $-70,000 $-38,000 Requirement 1: Determine the unit product cost under Absorption costing and Variable costing. (Omit the $ sign in your response. ) Unit product cost Absorption costing $ Variable costing $ Requirement 2: Prepare contribution format variable costing income statements for July and August. (Input all amount as positive value except net loss which should be indicated with a minus sign. Omit the $ sign in your response. ) July August $ $ Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Net operating income (loss) $ $ Requirement 3: Reconcile the variable costing and absorption costing net operating income figures. (Input all amount as positive value except net loss which should be indicated with a minus sign. Leave no cells blank be certain to enter 0 wherever required. Omit the $ sign in your response. ) July August Variable costing net operating income (loss) $ $ fixed manufacturing overhead cost deferred in inventory under absorption costing fixed manufacturing overhead cost released from inventory under absorption costing Absorption costing net operating income $ $ Requirement 4: Which is the most appropriate method of costing? 22. This makes no sense at all, said Bill Sharp, president of Essex Company. We sold the same number of units this year as we did last year, yet our profits have more than doubled. Who made the goof—the computer or the people who operate it? The statements to which Mr. Sharp was referring are shown below (absorption costing basis): Year 1 Year 2 Sales (34,000 units each year) $1,267,000 $1,267,000 Cost of goods sold 680,000 578,000 Gross margin 587,000 689,000 Selling and administrative expenses 334,000 334,000 Net operating income $253,000 $355,000 The statements above show the results of the first two years of operation. In the first year, the company produced and sold 34,000 units; in the second year, the company again sold 34,000 units, but it increased production as shown below: Year 1 Year 2 Production in units 34,000 44,000 Sales in units 34,000 34,000 Variable manufacturing cost per unit produced $5 $5 Variable selling and administrative expense per unit sold $1 $1 Fixed manufacturing overhead costs (total) $510,000 $510,000 Essex Company applies fixed manufacturing overhead costs to its only product on the basis of each years production. Thus, a new fixed manufacturing overhead rate is computed each year. Requirement 1: Compute the unit product cost for each year under (Round fixed manufacturing overhead cost per unit and final answers to the nearest whole dollar. Omit the $ sign in your response.) Unit product cost Year 1 Year 2 a. Absorption costing $ $ b. Variable costing $ $ Requirement 2: Prepare a contribution format variable costing income statement for each year. (Input all amounts as positive values. Omit the $ sign in your response. ) Year 1 Year 2 $ $ Variable expenses: Fixed expenses: $ $ Requirement 3: Reconcile the variable costing and absorption costing net operating income figur es for each year. (Leave no cells blank be certain to enter 0 wherever required. Round fixed manufacturing overhead cost per unit and final answers to the nearest whole dollar. Omit the $ sign in your response. ) Year 1 Year 2 Variable costing net operating income $ $ : Fixed manufacturing overhead cost deferred in inventory under absorption costing Absorption costing net operating income $ $ Requirement 4: The net operating income for Year 2 was higher than for Year 1 under absorption costing, although the same number of units was sold in each year. This is because by increasing production and building up inventory, profits increased without any increase in sales or reduction in costs. Is the above reason true or false?