White Company manufactures a single product and has the following cost structure: Variable Costs Per Unit:
Direct Materials $3.00
Direct Labor 4.00
Variable Manufacturing Overhead 1.00
Variable Operating Expenses 2.00
Fixed Costs Per Month:
Fixed Manufacturing Overhead $100,000
Fixed Operating Expenses 60,000

Assume that beginning inventories are zero, 20,000 units are produced, and 19,000 units are sold during the month. The unit selling price is $20. The net operating income will differ between variable and absorption costing because:

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

The  atomic nucleus  is the small, dense region consisting of  protons  and  neutrons  at the center of an  atom, discovered in 1911 by  ernest rutherford based on the 1909  gold foil experiment.