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Within the sequential steps to compute estimated ending drug inventory, the beginning drug inventory plus the net drug purchases equals cost of available for sale. True or False? A variance is the difference between standard and actual prices and quantities Using the following assumptions, complete the contribution margin income statement. What does the operating income amount to? Revenue = $5,000; fixed costs = $1,200; variable costs = $3,000 = True or False? Quartiles represent a distribution into four classes, each of which contains 20% of the whole. True or False? Two-variance analysis compares volume variance to budgeted costs. True or False? The "Financial Benchmark Example" within the text presents examples of quartile results. For the line item "Total margin (%)", the upper quartile result is high (11%) and the low quartile result is low (-6). The low quartile's low result is better than the upper quartile's. analytics identified trends and problems. It looks at what has already happened. Data analytics are expected to play a significant role in the transition from fee-for-service to -based reimbursement. True or False? Data mining depends on effective data collection and working with many sets of data in what is often called a data warehouse. True or False? One troubling challenge in the use of data analytics is that of data protection and security True or False? Sensor data such as that from monitoring vital signs can be another source of big data