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what circumstances may cause the purchasing department to be responsible for both an unfavourable materials price variance and an unfavorable materials quantity variance?

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Reid Wolff
Reid WolffLv2
29 Sep 2019

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In reviewing the activities of the Mixing Department for the month of June, the manager of the department notices that there was an unfavorable materials price variance for the month and there was an unfavorable materials quantity variance. Under what circumstances, if any, can the responsibility for each variance be placed on (a) the purchasing department and (b) the production department?

8. What is a standard cost variance, and what is the objectiveof variance analysis? Identify three possible causes for (1) afavorable materials price variance; (2) an unfavorable materialsprice variance; (3) a favorable materials quantity variance; and(4) an unfavorable materials quantity variance

Which department is often responsible for the direct materials price variance?

a. The accounting department

b. The purchasing department

c. The production department

d. The finance department

e. The budgeting department

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