Standard cost Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Standard cost This topic has 0 replies, 1 voice, and was last updated 4 years ago by johnbriane. Viewing 1 post (of 1 total) Author Posts August 12, 2021 at 4:26 pm #631115 johnbrianeMember Sir below are some problems associated with standard costing 1. Continuous improvement maybe more important than meeting standards 2. Incentives to build inventories 3. Standard cost reports may not be timely Sir I cannot really understand what exactly is the problem with the above statements Could you please explain it with examples Thank you Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In