A materials price variance is arrived at by taking standard quantity times actual price, less standard price
Indicate whether the statement is true or false.
FALSE
Business
You might also like to view...
Charles' Chulent Inc., the best chulent maker outside of New Orleans, earned a handsome after-tax profit last year. If nothing changes in 2019, except the depreciation rate is raised to 20% from 10%, which of the following is higher this year than last?
a) revenue b) net profits after taxes c) taxes d) retained earnings e) addition to cash
Business
Coffee, tea, cotton, and tobacco are the main exports of Uganda. It is most likely that Uganda has a(n) ________ economy
A) subsistence B) marketing C) merchandise exporting D) raw material exporting E) industrializing
Business