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Author Question: Which of the following employees is typically held accountable for the direct materials price variance? (Read 28 times)

olsonmanny@gmail.com

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Question 1

The algebraic equation for the direct materials quantity variance is
◦ Direct materials quantity variance = AP × (AQused - SQ).
◦ Direct materials quantity variance = SP × (AQused - SQ).
◦ Direct materials quantity variance = AQused × (AP - SP).
◦ Direct materials quantity variance = SQused × (AP - SP).

Question 2

Which of the following employees is typically held accountable for the direct materials price variance?
◦ Purchasing manager
◦ Production manager
◦ Controller
◦ Engineering department manager


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Marked as best answer by olsonmanny@gmail.com on Feb 5, 2023

viper01

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olsonmanny@gmail.com

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Reply 2 on: Feb 5, 2023
Excellent


olderstudent

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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