Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is a reason that has accelerated the demand for refinements to the costing system? A. The use of product and process

Which of the following is a reason that has accelerated the demand for refinements to the costing system?

A.

The use of product and process technology has led to an increase in indirect costs and a decrease in direct costs.

B.

The increasing competition in product markets has led to an increase in contribution margin resulting in a decrease of break even point.

C.

The declining demand for customized products has led managers to decrease the variety of products and services their companies offer.

D.

The increased of automated processes has led to the increase in direct manufacturing cost leading to a decrease in break even point.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Organizing Smart Buildings And CitiesPromoting Innovation And Participation

Authors: Elisabetta Magnaghi, VĂ©ronique Flambard, Daniela Mancini, Julie Jacques, Nicolas Gouvy

10th Edition

3030606066, 9783030606060

More Books

Students also viewed these Accounting questions

Question

=+b) What do you conclude?

Answered: 1 week ago