Question

Fewer labor hours were necessary to complete a job than the standard allowed but more material was used than the standard allowed (some of the material was unusable). There was an unfavorable material price variance and a favorable labor rate variance. Who would most likely be held responsible for the material quantity variance? Multiple Choice supplier who provides the materials purchasing agents who purchase the materials marketing manager who promotes the products production manager who supervises the workers production workers who make the product human resource manager who hires the workers

          Fewer labor hours were necessary to complete a job than the standard allowed but more material was used than the standard allowed (some of the material was unusable). There was an unfavorable material price variance and a favorable labor rate variance. Who would most likely be held responsible for the material quantity variance?
Multiple Choice
supplier who provides the materials
purchasing agents who purchase the materials
marketing manager who promotes the products
production manager who supervises the workers
production workers who make the product
human resource manager who hires the workers

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Added by Scott H.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Crystal Wang

05/26/2022

Step 1

The scenario states that there was an unfavorable material price variance and a favorable labor rate variance. This indicates that the cost of materials was higher than expected, while the cost of labor was lower than expected. Show more…

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Fewer labor hours were necessary to complete a job than the standard allowed but more material was used than the standard allowed (some of the material was unusable). There was an unfavorable material price variance and a favorable labor rate variance. Who would most likely be held responsible for the material quantity variance? Multiple Choice supplier who provides the materials purchasing agents who purchase the materials marketing manager who promotes the products production manager who supervises the workers production workers who make the product human resource manager who hires the workers

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