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(Chapter 9) Consider the following statements: Statement 1: Using practical capacity is best for evaluating...

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Accounting

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(Chapter 9) Consider the following statements: Statement 1: Using practical capacity is best for evaluating the marketing manager's performance for a particular year. Statement 2: There is no production-volume variance when normal capacity utilization is used as the denominator level. Which of the following is correct? Both statements are false Statement 1 is true, statement 2 is false O Statement 1 is false, statement 2 is true Both statements are true

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