The production department should generally be responsible for materials price variances that resulted from:
A. purchases made in uneconomical lot-sizes.
B. rush orders arising from poor scheduling.
C. changes in the market prices of raw materials.
D. purchase of the wrong grade of materials.
Answer: B
You might also like to view...
On January 1, Zero Company obtained a $52,000, 4-year, 6.5% installment note from Regional Bank. The noterequires annual payments consisting of principal and interest of $15,179, beginning on December 31 of the currentyear. The December 31, Year 1 carrying amount in the amortization table for this installment note will be equal to:
a. $27,635 b. $40,201 c. $36,821 d. $48,620
The goal of _____ is to manage an organization's money as efficiently as possible.
A. financial managers B. auditors C. project managers D. supervisors
List and describe the four sources of information that are typically used in evidence- based management.
What will be an ideal response?
The text lists five psychological factors that can influence purchase decisions. List and give an example of each.
What will be an ideal response?