Do you want to expose your child to all the fun and excitement of toys? As a parent, you must pamper the little one with toys and the trending theme in town is Beyblades. This is a toy brand to which children love the exposure and it has been in the limelight for the last 23 years. The Japanese toy industry gifted this toy to the world and it is a Takara Tomy innovation. Children have loved them ever since the first day and no wonder amid stiff competition amongst its peers, this brand has held on to its position. We are into 2023 and the Beyblade toy has long shed its Japanese tag. It has seen a major expansion and it is a global brand, and you can access these toys at plenty of online stores.
Understand the special features of Beyblades
These toys come with plenty of interesting features and all of them contribute to making the play experience truly memorable. There are plenty of interesting features that help to segregate this toy from some of the other brands. The launcher of the Beyblade is always special because it helps to generate the quick spinning movement for which this toy is renowned. The spinning Beyblades are primarily known as the Stamina variation and the best in this segment is the Phantom Orion B: D. This is a special toy, which has bearing drives leading to enhanced stability. It is a sturdy little top that can continue spinning for 7 minutes
Which Beyblades are the most powerful?
Beyond the spinning characteristics, the Beyblade toys are also known to attack and defend. These variations have all contributed to making this play experience memorable for a kid. How do I identify powerful Beyblades? You could always identify these toys by their strong colors and here are some specific models, which fall within the powerful segment.
- Galaxy Pegasus
- Hades Kerbecs
- Diablo Nemesis
Beyond these three powerful Beyblades, you can also pick up a Balanced version of this toy. This version of the toy has spinning & attack and defense characteristics. Your kid is sure to enjoy playing with these lovely toys.
What else do you need to buy?
You can pick up this toy and also popular accessories. What are some of the popular Beyblade storage ideas? As a parent to a kid, this can also be your lookout, because when the kid is not playing, these toys will have to be stored carefully somewhere. For smart storage options for the Beyblade, you can pick up from a range of stadiums displayed at online stores. You also need to pick the correct launchers and other general accessories that will support exciting play for your kid. The makers are constantly in research mode and adding more innovations to the product range. These toys are priced in varied ranges and while you come across costly models, there are certain brands priced below $10. Based on your finances, you can pick a product and the store will ship the consignment to your destination. The kid will love to play with it on arrival and it should be interesting for the toddler.
Absorption Costing MCQs with Answers Explanation Engineering ECE
What Is Absorption Costing?
Absorption costing, also known as the all-encompassing, all-inclusive, or comprehensive costing method, is a sophisticated and perplexing managerial accounting framework that attempts to incorporate all expenses that are linked to the production of a particular product. This method is highly intricate and involves a copious amount of calculations and analyses to arrive at the total cost of production.
Every minuscule expense, whether direct or indirect, such as raw materials, labor, rent, utilities, depreciation, maintenance, insurance, and every other associated cost, is taken into account to determine the total cost of the product. The complexity of this method is staggering, and it requires extensive knowledge of accounting principles, an understanding of manufacturing processes, and advanced analytical skills to execute.
However, despite its complexity, absorption costing is still widely used in the industry due to its comprehensive approach to providing an accurate picture of the cost of production. Moreover, under the generally accepted accounting principles (GAAP) in the United States, absorption costing is an approved method for external reporting. In contrast, variable costing is prohibited, adding to the confusion and perplexity surrounding this topic.
Which of the following costs would NOT be included in the cost of goods sold calculation under absorption costing?
a) Direct materials
b) Direct labor
c) Variable manufacturing overhead
d) Fixed manufacturing overhead
Answer: c) Variable manufacturing overhead
Explanation: Under absorption costing, both fixed and variable manufacturing overhead costs are included in the cost of goods sold calculation. Direct materials and direct labor costs are also included.
When production exceeds sales, absorption costing will result in:
a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: a) Higher net income than variable costing
Explanation: When production exceeds sales, there will be more fixed manufacturing overhead costs that are absorbed into the cost of goods sold calculation under absorption costing. This results in a higher net income compared to variable costing, which only includes variable manufacturing costs in the cost of goods sold calculation.
Which of the following statements is true about absorption costing?
a) It is used for external reporting purposes
b) It is used for internal decision-making purposes
c) It is the same as variable costing
d) None of the above
Answer: a) It is used for external reporting purposes
Explanation: Absorption costing is required for external financial reporting purposes, such as on the income statement and in financial statements. Variable costing, on the other hand, is often used for internal decision-making purposes.
In a period of increasing production and sales, absorption costing will result in:
a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: c) The same net income as variable costing
Explanation: When production and sales increase, absorption costing and variable costing will result in the same net income. This is because there will be fewer fixed manufacturing overhead costs per unit under absorption costing, but there will also be more units sold.
