Material Standards Types,quantity,quality of materials used Product specifications,observation,inquiry ▣Bill of Materials Balance cost,quality,and projected sales price Standard Material Quantity Unit Purchase Price Cost 海南大学董建华讲授 10-5海南大学董建华讲授 10- 5 Material Standards Types, quantity, quality of materials used ◼ Product specifications, observation, inquiry ◼ Bill of Materials ◼ Balance cost, quality, and projected sales price Standard Material = Quantity * Unit Purchase Price Cost