In a large corporation, the purchasing manager is usually responsible for Group of answer choices the...
In a large corporation, the purchasing manager is usually responsible for
Group of answer choices
the material quantity variance.
the material price variance.
the labor rate variance.
all of the above.
Homework Answers
In a large corporation, the purchasing manager is usually responsible for the material price variance.
The answer is the material price variance.
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In a large corporation, the purchasing manager is usually
responsible for
Group of answer choices
the...
The variance that is most useful in assessing the performance of the purchasing department manager is:...
The variance that is most useful in assessing the performance of the purchasing department manager is: Group of answer choices: A. the materials price variance B. the direct labor efficiency variance C. the direct labor rate variance D. the materials quantity variance
The company applies the standard cost system and the purchasing manager and production manager are responsible...
The company applies the standard cost system and the purchasing manager and production manager are responsible for the variance of direct materials and direct wages .The standard price per ton of basic raw material is 4 $ and the standard allowable quantity is 6 tons per unit .The average hourly wage is 14 $ and the standard unit needs 0.5 hours Action. During the last week, production reached 10,000 units. Due to labor shortage, the production manager was forced to...
In a large corporation, the financial manager is primarily responsible for:
In a large corporation, the financial manager is primarily responsible for:
11) If a company pays their factory workers an hourly wage less than expected, which variance...
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The Lucerne Chocolate Company uses standard costs to control its manufacturing of fine chocolates. The purchasing...
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11) If a company pays their factory workers an hourly wage less than expected, which variance would this affect? A) The labor rate variance B) The materials price variance C) The labor efficiency variance D) The materials quantity variance 12) If a company shows a materials price variance, the manager that is usually responsible would be the A) Advertising Manager B) Purchasing Manager C) Sales Manager D) Labor Manager 13) Jackson Corporation uses a labor force that is usually paid...
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