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In the list below, what is the function that standard costs do notfulfil in a budget?
fulfil in a budget?
Budgeted standard costs are often used to facilitate the construction ofproduction or personnel cost budgets.
Budgeted standard costs are often used to facilitate the construction of
production or personnel cost budgets.
Budgeted standard costs are mainly used to facilitatethe calculation of the breakeven in a budget and to facilitate simulations.
Budgeted standard costs are mainly used to facilitate
the calculation of the breakeven in a budget and to facilitate simulations.
Budgeted standard costs are often used as control devices to facilitatethe measurement between objectives and achievements.
Budgeted standard costs are often used as control devices to facilitate
the measurement between objectives and achievements.
If they are budgeted downwards for personnel costs and productionbudgets, standard costs budgeted downwards can be used to set ambitious targetsfor managers.
If they are budgeted downwards for personnel costs and production
budgets, standard costs budgeted downwards can be used to set ambitious targets
for managers.
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