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Who is typically responsible for the direct materials quantity variance?

The materials quantity and labor efficiency variances are usually the responsibility of production managers and supervisors. The materials price variance van be computed at what two different points in time?

Who is generally responsible for the materials price variance the materials quantity variance?

In general, the purchasing agent is responsible for the material price variance. 5. When more hours of labor time are necessary to complete a job than the standard allows, the labor rate variance is unfavorable. 6.

Who would most likely be held responsible for controlling the materials price variance?

8-5 The materials price variance is usually the responsibility of the purchasing manager. The materials quantity variance is usually the responsibility of the production managers and supervisors. The labor efficiency variance generally is also the responsibility of the production managers and supervisors.

Is typically responsible for the direct labor efficiency variance?

Explanation: The production manager is probably most responsible for the direct labor efficiency variance.