Which of the following is not an advantage for using standard costs for variance analysis? options standards simplify product costing. standards are developed using past costs and are available at a relatively low cost. standards are usually expressed on a per unit basis. standards can take into account expected changes planned to occur in the budgeted period.

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Business

Summer Rowland

7 August, 04:59

Which of the following is not an advantage for using standard costs for variance analysis? options standards simplify product costing. standards are developed using past costs and are available at a relatively low cost. standards are usually expressed on a per unit basis. standards can take into account expected changes planned to occur in the budgeted period.

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Gregory Peck · Answer 1

I think the correct answer from the choices listed above is the second option. The statement that is not an advantage for using standard costs for variance analysis would be that standards are developed using past costs and are available at a relatively low cost. Hope this answers the question. Have a nice day.