In addition to developing the standard cost for a unit of product, organizations may determine standards for such activities as:

Question

Quizplus · Accepted Answer

Organizations may determine standards for quality control measures to ensure the product meets the predetermined level of quality. They may also determine standards for machine usage and performance to promote efficient production processes. Lastly, standards for customer service response times are important to maintain a satisfactory level of customer service. Therefore, all of the above options are correct.

In Addition to Developing the Standard Cost for a Unit