An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period.
Answer the following statement true (T) or false (F)
False
You might also like to view...
The Delphi method of forecasting is implemented by forming a jury of experts from a diverse population
Indicate whether the statement is true or false
Choose the correct word or words in parentheses. If he (don't, doesn't) like the dessert, he can give it to someone else
The ____________________ is the person or institution to whom the proceeds of the policy are paid in the event that a loss occurs
Fill in the blank(s) with correct word
Sergio acquires a $100,000 Ternco Corporation bond (5%, 20-year bond) on January 1, 2018 for $75,000. The bond had been issued on January 1, 2016. If Sergio holds the bond to maturity, at redemption he will recognize
A. a long-term capital gain. B. $0 gain or loss. C. ordinary income. D. a mix of ordinary income and long-term capital gain.