Reference no: EM132541838
Question 1: Which one of the following may NOT account for an adverse sales volume variance?
a) Deterioration in expected market conditions
b) Excess inventories holdings
c) A strike at the factory resulting in a disruption of production
d) Poor performance by sales staff
Question 2: Which of the following statements is FALSE?
a) an organisation that manufactures one type of fruit juice would use a job order costing system
b) In a process-costing system, each unit uses approximately the same amounts of resources
c) A corporation whose sole business activity is processing similar customer deposits would a process costing system
d) In a job order costing system, individual jobs use different quantities of production resources