Question
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started