Variances from standard costs are included in reports to

A) suppliers and creditors
B) stockholders
C) management
D) suppliers and creditors, stockholders, and management

Standard Costs

Predetermined costs for materials, labor, and overhead used as a benchmark to measure actual performance against.

Management

The process of planning, organizing, leading, and controlling an organization's resources to achieve its goals.

Stockholders

Stockholders, or shareholders, are individuals or entities that legally own one or more shares of stock in a joint-stock company, making them partial owners of that company.