Which of the statements is not true?Marginal cost is the change in a firm's total cost due to a one‑unit change in output. Costs that are small and unimportant with little impact on profits are called marginal costs. Marginal cost and marginal productivity are inversely related. A marginal cost curve will always intersect the average total cost curve at the minimum average total cost.

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.