Question 11 2 pts Which of the following is a true statement? O A favorable variance is always a positive thing for the company. A benefit that we give up in order to make a decision is an opportunity cost. In a normal costing system, standard amounts of direct labor and overhead costs are allocated to the cost object. O Period costs are built into Cost of Goods sold. Question 12 2 pts If there is a competitive outside market for the transferred product, then the best transfer price is the market price. O price set by central management. O negotiated price. O cost-based price