8 THE MATERIALS PRICE VARIANCE IS USUALLY THE RESPONSIBILITY OF THE...

10- - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD

10-8 The materials price variance is usually

the responsibility of the purchasing manager.

of an input should be used to make a unit of

The materials quantity and labor efficiency vari-

output. A price standard indicates how much the

ances are usually the responsibility of production

input should cost.

managers and supervisors.