10. Standard costs are useful for all but which of the following? A) Determining actual costs B) Preparing budgets and forecasts C) Evaluating the performance of workers and management D) Helping to develop appropriate selling prices 11. A standard cost accounting system can be used for A) direct materials. B) overhead. C) direct labor. D) all of these. 12. A purpose of standard costing is to A) control costs. B) allocate costs more accurately. C) replace subjective decision making D) compute the breakeven point. 13. One drawback of using standard costing is that it is A) expensive to use. B) difficult to implement. C) often inaccurate D) not applicable to most manufacturing systems