STANDARD COSTING
MULTIPLE
CHOICE
A primary purpose of using a standard cost system is
to make things easier for managers in the production
facility.
to provide a distinct measure of cost control.
to minimize the cost per unit of production.
b and c are correct.
The standard cost card contains quantities and costs for
direct material only.
direct labor only.
direct material and direct labor only.
direct material, direct labor, and overhea
In a standard cost system, Work in Process...