Question

True or False
1. Manufacturing margin is the excess of variable selling and administrative expenses over sales ......    
2. Under absorption and variable costing, some of the decision making situations could include the controlling of cost, price production planing.........
3. All costs are controllable by someone within a business, but some costs may not be controllable at certain levels of management.........
4. in the long run, planning production is limited to existing capacity, but in the short run, planning production may include expanding existing capacity.........
5. contribution margin analysis explains the difference between actual and planned data........
6. Setting budgeted goals too loose are very hard or impossible to achieve....

Answer 1

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