Question

standard cost systems are adopted: (a) to facilitate product costing. (b) to enhance the operational control of firms that emphasize continuous improvement. (c) to improve planning and control and to facilitate product costing. (d) to improve planning and control. question 49 which of the following is used to calculate the fixed overhead volume variance?

Explanation:

Standard cost systems help in setting cost - related standards for planning, controlling operations, and determining product costs. They are not only for product costing (A is incomplete) or just for operational control (B is incomplete), and D is also incomplete as it misses product costing aspect.

Answer:

C. to improve planning and control and to facilitate product costing.