What are the disadvantages of standard costing?

Related questions

1. What is a target cost gap?
2. What is standard costing with example?
3. What is target costing in accounting?
4. What is prevention cost example?
5. What are the objectives of target costing?
6. What is stop loss target price?
7. What do you mean by standard costing?
8. What do you mean by Kaizen costing?
9. What is a 1y target estimate?
10. How is target cost calculated in SAP?

Tags

1. #costing
2. #nonreporting
3. #expensive
4. #include
5. #system
6. #materiality
7. #labor
8. #using
9. #implementing
10. #consuming
11. #business
12. #certain
13. #result
14. #costs
15. #limits
16. #standard
17. #controversial
18. #disadvantages
19. #three
20. #variances
21. #intensive