Backflush costing is concerned with which of the following?

$\begin{array}{ll}
\underline{\text {Standard costs }} & \underline{\text {Minimal variancesfrom standard} }
\end{array}$
A)yes no
B)no no
C)yes yes
D)no yes

Question

Backflush costing is concerned with which of the following?

$\begin{array}{ll}
\underline{\text {Standard costs }} & \underline{\text {Minimal variancesfrom standard} }
\end{array}$
A)yes no
B)no no
C)yes yes
D)no yes

Quizplus · Accepted Answer

Backflush costing is a cost accounting system that delays the recording of costs until the production of goods is completed, focusing on standard costs and aiming to minimize variances from those standards.

Backflush Costing Is Concerned with Which of the Following Standard costs ‾Minimal variancesfrom standard‾\begin{array}{ll}\underline{\text {Standard costs }} & \underline{\text {Minimal variancesfrom standard} }\end{array}Standard costs ​​Minimal variancesfrom standard​​

Backflush Costing Is Concerned with Which of the Following $\begin{array}{ll}\underline{\text {Standard costs }} & \underline{\text {Minimal variancesfrom standard} }\end{array}$