![]() Which manager is usually held responsible for materials price variances? Purchasing agent Which manager is usually held responsible for labor price variances? Production supervisor Standards that do not allow for normal down time, waste of materials, or machine breakdowns are known as: Ideal standards. ![]() Which of the following statements is true?Īn unfavorable materials price variance could have resulted from actions taken by the purchasing agent.Īn unfavorable materials usage variance could have resulted from actions taken by the production supervisor.Īn unfavorable labor usage variance could have resulted from actions taken by the personnel department.Īll of the above answers are correct. If the actual labor hours worked exceed the standard labor hours allowed, what type of variance will occur? Unfavorable labor efficiency variance. A favorable labor rate variance indicates that the standard rate exceeds the actual rate. A labor efficiency variance resulting from the use of poor quality materials should be charged to: the purchasing agent.
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