For a product made by George Company,last year's standards for labor were 2 hours at $12 per hour.Which of the following considerations should George take into account in setting the standards for this year?
A) George should revisit the prior year standards.
B) George should consider whether or not the prior year standards were achieved.
C) George should consider any changes that may influence worker productivity.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

All of the given considerations are important for George to take into account in setting the standards for this year. Revisiting the prior year standards may help identify any shortcomings or areas where improvements can be made. Considering whether or not the prior year standards were achieved can help determine the effectiveness of the standards and identify areas for improvement. Additionally, any changes that may influence worker productivity, such as new technology or changes in the work environment, should be taken into account in setting the standards for this year.

For a Product Made by George Company,last Year's Standards for Labor