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18. Which statement is untrue regatding material standards? A. Waste and reject allowances are included in material standards B. The standard material cost allows for the best material available to avoid waste C. Material price variance should reflect net of any discount except if the discount is taken or not D. Standard price should reflect the final delivered costs of materials inclusive of allowance for handling costs. E. Answer not given |

18. Which statement is untrue regatding material standards? A. Waste and reject allowances are included in material standards B. The standard material cost allows for the best material available to avoid waste C. Material price variance should reflect net of any discount except if the discount is taken or not D. Standard price should reflect the final delivered costs of materials inclusive of allowance for handling costs. E. Answer not given |

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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18. Which statement is untrue regatding material standards? A. Waste and reject allowances are included in material standards B. The standard material cost allows for the best material available to avoid waste C. Material price variance should reflect net of any discount except if the discount is taken or not D. Standard price should reflect the final delivered costs of materials inclusive of allowance for handling costs. E. Answer not given |
Transcribed Image Text:18. Which statement is untrue regatding material standards? A. Waste and reject allowances are included in material standards B. The standard material cost allows for the best material available to avoid waste C. Material price variance should reflect net of any discount except if the discount is taken or not D. Standard price should reflect the final delivered costs of materials inclusive of allowance for handling costs. E. Answer not given |
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