Write True or False to the Statements Below

question 86

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-North America's population is around 335 million.

---

Definitions:

Operating Income

Earnings before interest and taxes, representing a company's profit from its core business operations.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected amount, multiplied by the standard cost per unit.

Data Collected

Information gathered for analysis or used to make decisions, often through observations, experiments, or measurements.

Variable Costs

Costs that vary directly with the level of production or output, such as materials and direct labor costs.