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Author Question: Cost variances should be investigated ________. (Read 23 times)

Bernana

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Question 1

A purchasing manager's performance is best evaluated using information such as
◦ usage efficiency and direct materials price variance
◦ direct materials flexible-budget variance
◦ direct manufacturing labor flexible-budget variance
◦ price and terms bargaining effectiveness, achievement of quality goals, and direct materials price variance

Question 2

Cost variances should be investigated ________.
◦ when they are considered within the "in-control" range as determined by management
◦ when the variance is more than a certain percentage of budgeted costs, as determined by management
◦ even though the cost of investigation exceeds the benefit  as determined by management
◦ when the variance is less than a certain percentage of budgeted costs, as determined by management


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Marked as best answer by Bernana on Mar 6, 2021

Loise Hard

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Bernana

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Reply 2 on: Mar 6, 2021
Excellent


amynguyen1221

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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