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Who is generally responsible for the materials price variance? the materials quantity variance? the labor efficiency variance?
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unless trends. We are given a question that who is generally responsible for the material price variants and for material quantity variants and for the labor efficiency variants. Okay, so first of all, we are supposed to know that the purchasing manager is generally responsible for the material price variants. Okay, so we can write anyone right? That purchasing manager but it's using manager is responsible for is responsible for the material price variants. Okay. Material grace variants. The second point is like for material quantity variants. So we are supposed to know that production manager okay, is generally responsible for the material quantity variants. So we can write that production production managers. Production managers is responsibility, sorry, its response responsible for the materials entity materials quantity variance. Okay. And for labor of the efficiency variants, we are supposed to know that they're here. It is the responsible labor efficiency labor we can directly state that production managers and supervisors. Okay. Some production managers, managers and as well as supervisors, supervisors and responsible for labor efficiency variance, labor efficiency variants. Okay, so that's all about our final answer. Thank you.
5. Who is generally responsible for the materials price variance? The materials quantity variance? Thelabor efficiency variance?
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6. The materials price variance can be computed at what two different points in time? Which point isbetter? Why?
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7. If the materials price variance is favorable but the materials quantity variance is unfavorable, whatmight this indicate?
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