alleryStart learning →Which variances in standard costing can discourage lean?
APrice and mix variances
BUtilization and efficiency
CExchange and tax variances
DBudget and volume variances
Answer & Solution
Correct answer: B. Utilization and efficiency
Judging managers on utilization and efficiency variances rewards keeping machines busy and building stock, against lean aims.
Keep practising Lean Manufacturing and Kaizen
Browse all Lean Manufacturing and Kaizen questions for CA Final, or explore more Cost and Management Accounting topics.
Related questions
In Jones's updated waste terms, what replaces the older word defects?In Monden's view, an action wasteful but needed under current methods is which class?Value-stream mapping analyses the current state and designs what?What is the purpose of value-stream mapping?Which TPM pillar uses trained mechanics and engineers for professional upkeep?Which TPM pillar has operators using their senses to spot loss causes?A line runs 85 percent of planned time, at 90 percent of ideal speed, with no rejects. OEEA machine has availability 90 percent, performance 95 percent, quality 98 percent. What is