Which of the following are categories of flexibility
I. Modification flexibility
II. Rerouting flexibility
III. Design change flexibility
IV. Mix Flexibility

A true statement about benchmarking is that it

Using absorption costing, fi the actual demand and resulting actual production is significantly less than forecasted for the year, the result will be that reported products costs are

The accounting group in a MTS company who manufactures their products often encourages building finished good inventory to excess. This accounting group is likely using

Process costing is best applied to organizations that

The primary use of Activity based costing is

In MTO manufacturing environment the

A cost system＇s process is commonly done in 2 steps: cost accumulation and

To maximize the firm＇s total net income a company should focus on product with

A costing system measures the cost associated with manufacturing operations and

In a typical manufacturing company, production costs are typically allocated directly to the job or product, whereas the cost of engineering/maintenance departments