In each of the following situations, determine whether the company would be more likely or less likely to benefit from refining its costing system.

1. The company has very few indirect costs.

2. The company operates in a very competitive industry.

3. The company has reengineered its production process but has not changed its ­accounting system.

4. In bidding for jobs, managers lost bids they expected to win and won bids they ­expected to lose.

5. The company produces few products, and the products consume resources in a ­similar manner.

6. The company produces high volumes of some of its products and low volumes of other products.