For better control, the materials price variance is computed using actual quantity of materials purchased
Indicate whether the statement is true or false
True
You might also like to view...
Why might stock options not be the best way to promote coordination of goals?
a. Stock prices can fluctuate quickly. b. Many of the variables that affect stock prices are beyond a manager's control. c. Employees generally do not value stock options very highly. d. None of these choices
For service organizations, customer relations are part of the supply chain and customers are part of the value chain
Indicate whether the statement is true or false
During the current year, Goldblum Co. sold 160,000 units of its product at a selling price of $40. The variable cost per unit was $30, and Goldblum reported net income for the year of $220,000. What was the amount of Goldblum's fixed costs for the year?
What will be an ideal response?
A firm's operating cash flow (OCF) is the cash flow it generates from its normal operations: producing and selling its output of goods or services
Indicate whether the statement is true or false