Indicate whether each of the following statements is true or false.
The total flexible budget materials variance can be broken down into a price variance and a rate variance.______
If the materials price variance was $3,000 unfavorable and the materials usage variance was $2,000 favorable,the flexible budget materials variance was $1,000 unfavorable.______
If the actual quantity of material used was 10,000 pounds,the actual price per pound was $2.40,and the standard price per pound was $2.25,the materials price variance was $1,500 unfavorable.______
The production department normally is considered to be responsible for materials price variances.______
Analyzing both favorable and unfavorable variances can improve efficiency and benefit the entire company.______

Question

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The Answer of Indicate whether each of the following statements is true or false.
The total flexible budget materials variance can be broken down into a price variance and a rate variance.______
If the materials price variance was $3,000 unfavorable and the materials usage variance was $2,000 favorable,the flexible budget materials variance was $1,000 unfavorable.______
If the actual quantity of material used was 10,000 pounds,the actual price per pound was $2.40,and the standard price per pound was $2.25,the materials price variance was $1,500 unfavorable.______
The production department normally is considered to be responsible for materials price variances.______
Analyzing both favorable and unfavorable variances can improve efficiency and benefit the entire company.______

Indicate Whether Each of the Following Statements Is True or False