Question: 1) Distinguish between perfection standards and practical standards. Which type of standard is likely to produce the best motivational effects? 2) Explain how Toyota could

1) Distinguish between perfection standards and practical standards. Which type of standard is likely to produce the best motivational effects?

2) Explain how Toyota could use standard costing for control. focus on the cost of producing car doors to illustrate standard costing for control. (Car doors are produced by cutting sheet metal to a pattern, stamping it into segments and welding the segments together to form the door.

3) Explain how and why standard costs are used in product costing

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