Categorize each of the following as an advantage or disadvantage of using standards and variances. Advantages No Answers Chosen Disadvantages No Answers Chosen Possible answers Motivates employees Companies' focus on operational performance and visual management. Difficult to keep up with on timely basis Useful in budgeting Increases in automation causes decreases in direct labor Can lead to unintended behaviors in managers, such as overpurchasing Provides cost benchmarks Quickly become outdated or inaccurate .... Lean thinking companies want to constantly look for more cost savings. e Simplifies bookkeeping