How do standard cost systems enhance operational control?
A) through actual costs, which indicate the price received for units sold
B) through standard costs, which indicate the desired cost of a unit of input
C) through efficiency variances, which indicate the need for corrective action
D) through price variances, which indicate the need for better spending control

Question

Quizplus · Accepted Answer

The Answer of How do standard cost systems enhance operational control?
A) through actual costs, which indicate the price received for units sold
B) through standard costs, which indicate the desired cost of a unit of input
C) through efficiency variances, which indicate the need for corrective action
D) through price variances, which indicate the need for better spending control

How Do Standard Cost Systems Enhance Operational Control