What Is an Advantage of Standard Costing Over Normal Costing

question 119

Multiple Choice

What is an advantage of standard costing over normal costing and actual costing?

• A) provides a greater capacity for control
• B) provides limited availability of unit cost information
• C) makes it necessary to compute a unit cost for each equivalent unit cost category
• D) makes it easy to distinguish the FIFO and weighted average methods of accounting for beginning inventory costs