Attainable standards
Attainable standards are standards based on currently attainable conditions that include allowances for normal amounts of waste and inefficiency. Also known as practical standards.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- Attainable standards. Standards based on currently attainable conditions that include allowances for normal amounts of waste and inefficiency. Also known as practical standards.