Question: Select all that apply Identify which statements regarding costs in the service industry are correct. Multiple select question. Service firms can have direct materials. All
Select all that apply
Identify which statements regarding costs in the service industry are correct.
Multiple select question.
Service firms can have direct materials.
All costs in the service industry are variable.
The costs of services, like manufactured tangible products, can be inventoried for future sale.
Service firms do not have overhead.
All costs in a service firm are fixed.
A cost that a manager can significantly influence is a controllable cost in both a service and a manufacturing firm.
All costs in a service firm vary with the number of customers served.
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