Multiple Choice
Standard costs are used in companies for a variety of reasons.Which of the following is not one of the benefits for using standard costs?
A) used to indicate where changes in technology and machinery need to be made
B) used to estimate cost of inventory
C) used to plan direct materials,direct labor,and variable factory overhead
D) used to control costs
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Nonfinancial performance output measures are used to
Q41: If the standard to produce a given
Q59: The formula to compute the direct labor
Q63: Which of the following conditions normally would
Q64: The total manufacturing cost variance is<br>A) the
Q71: Though favorable fixed factory overhead volume variances
Q76: Standard costs are divided into which of
Q123: A favorable cost variance occurs when<br>A) actual
Q143: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2256/.jpg" alt=" -Calculate the total
Q163: Use this information to answer the questions