The documents used in a standard cost system in¬ clude the

• bill of materials, which contains all quantity and quality raw material specifications to make one unit (or batch) of output.

• operations flow document, which contains all la¬ bor operations necessary to make one unit (or batch) of output or perform a particular seivice.

• standard cost card, which summarizes the stan¬ dard quantities and costs needed to complete one unit of product or perform a particular service.

LO.1