? Which of the following is not a primary function of the management accountant As part of her annual review of her company's budgets versus actuals, Mary Gerard isolates unfavorable vanances with the hope of getting a better understanding of what caused them and how to avoid them next year. The variable overhead efficiency variance was the most unfavorable over the previous year which Gerard will specifically be able to trace to Communicates financial results and position to external parties AO Uses information to develop and implement business strategy .BO Actual overhead costs below applied overhead costs AO Aids in the decision making to help an organization meet its goals.co Actual production units below budgeted production units B O Provides input into an entity's production and marketing decisions .DO Standard direct labor hours below actual direct labor hours.co The standard variable overhead rate below the actual variable overhead rate .DO Wall 9 Which of the following statements regarding price elasticity is incorect A product with a perfectly inelastic demand would have the same demand even AO as prices change Jacobs Inc. is a relatively new company that has established a position in the highly competitive biotechnology industry. Which of the following statements is correct regarding ?Jacobs profitability Profits will increase when buyers have lower switching costs A O A product with a perfectly inelastic demand would see demand change as prices .BO change Significant up-front capital requirements for new entrants will help Jacobs profit margins .BO When demand is price elastic lower prices stimulate demand .co When demand is price elastic higher prices reduce demand .DO Profitability is diminished when there are many suppliers.co Rival firms willing to spend a lot of money on advertising will increase Jacobs a profits DO