9 THE MATERIALS PRICE VARIANCE CAN BE STANDARDS ARE RARELY, IF EVER...
10-9 The materials price variance can be
standards are rarely, if ever, attained. Practical
computed either when materials are purchased
standards can be attained by employees working
or when they are placed into production. It is
usually better to compute the variance when
at a reasonable, though efficient pace and allow
for normal breaks and work interruptions.
materials are purchased since that is when the
purchasing manager, who has responsibility for