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FInd Which is a reason companies use standard costs

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Reference no: EM132957417

Problem 1: Which of the following is a reason companies use standard costs?

A. to enhance customer loyalty

B. to ensure the accuracy of the financial records

C. to identify performance standards

D. to share best practices with other companies

Problem 2: For the next year, Sullivan & Co. predicts sales of 20000 units of a product with a contribution margin of $ 6.00 per unit and 40000units of another product with a contribution margin of $ 10.00 per unit. The weighted average contribution margin per unit is $ 8.67

TRUE OR FALSE

Reference no: EM132957417

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