In conclusion, this study has examined the current usage of standard costing in today’s modern production to
assess the claims of the relevance of this method. This study indicates that the standard costing continues to be
widely used in the Turkish automotive industry. Drury (2009) explains that the firms still benefit from the usage
of standard costing not only for cost control and performance appraisal analysis but also the method supply cost
information for different aims.
The findings are subject to some limitations. The study does not include all the industries in Turkey but focuses on
the automotive industry where standard costing can be easily applied. Therefore, the results cannot be generalized
for the whole manufacturing industry in Turkey. Other similar studies are needed in order to understand the
reasons and ways of the usage of managerial accounting tools in manufacturing firms in Turkey. The ratio of
responses is very high in the main industry. Twelve out of thirteen firms have responded to the questionnaire. The
number of the supplier firms is high so the sample has been narrowed to 300 firms. The supplier firms’ response
rate is 26%, which can be considered a low percentage. However, SMEs have fewer tendencies to share internal
information about their firm. Therefore, 26% is considered to be an acceptable response rate. The questionnaire
was sent to the accounting manager or his assistant. It may have also been appropriate to obtain the responses of
the users of the accounting information (e.g. the production managers).