Question
which of the following is a criticism of standard costing, as applied to todays manufacturing environment? A )standard tend to be relevant for only a
which of the following is a criticism of standard costing, as applied to todays manufacturing environment?
A )standard tend to be relevant for only a short period of time because of shorter product life cycles
B )Variance information is usually aggregated(I e combined) rather than associated with a particlau batch of goods or a specific product line.
C)Traditional standard costing has a farily narrow orientaion, falling to foucs on broader issues such as the overall costs of owenship
D)Standard costing pays considereable attention to labor cost and labor efficiency, which are becoming a relatively unimportant factor of production.
E) All of the other answers are correcct
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