Which is true regarding the balanced scorecard approach? Uses only financial measures to evaluate performance. Uses rather vague, open statements when setting objectives in order to allow managers and employees flexibility. Normally sets the financial objectives first, and then sets objectives in the other perspectives to accomplish the financial objectives Evaluates performance using about 10 different perspectives in order to effectively incorporate all areas of the organization A manufacturing company can make 100 units of a necessary component part with the following costs: Direct Materials $120,000 Direct Labor 25,000 Variable Overhead 45,000 Fixed Overhead 70,000 If the manufacturing company purchases the component externally, $30,000 of the fixed costs can be avoided. At what external price for the 100 units is the company $190,000 $200,000 $210,000 $220,000 KAP Manufacturing Company can make 1,000 units of a necessary component with the following costs: The company can purchase the 1,000 units externally for $117,000. The avoidable fixed costs are $6,000 if the units are pu7rchased externally. An analysis shows $24,000 $18,000 $12,000