The fact that workers are unable to meet a properly determined direct labor standard is sufficient cause to change the standard.
Correct Answer:
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Q12: Currently attainable standards do not allow for
Q13: If employees are given bonuses for exceeding
Q14: Standard costs serve as a device for
Q15: A variable cost system is an accounting
Q16: Normal standards allow for normal production difficulties
Q18: In most businesses, cost standards are established
Q19: Changes in technology, machinery, or production methods
Q20: Accounting systems that use standards for product
Q21: The variance from standard for factory overhead
Q22: Standards are more widely used for nonmanufacturing
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