16, Controlling the materials price variance is usually the responsibility of A The purchasing agent B The marketing director C The production supervisor D The cost accountant 17 Controlling the materials quantity variance is usually the responsibility of A The cost accountant B The purchasing agent C The marketing director D The production supervisor 18 The use of inexpensive, low quality, materials often results in A A favorable materials quantity variance B A favorable labor rate variance C An unfavorable materials quantity variance D An unfavorable materials price variance 19 Excessive overtime hours worked by direct labor workers often results in A An unfavorable labor rate variance B A favorable labor rate variance C A favorable materials price variance D An unfavorable materials price variance James Inc 's flexible budget for June, based upon actual output, called for the use of 10,500 pounds of materials at a standard cost of $7 40 per pound The Production Department actually used 10,700 pounds of materials costing $7 10 per pound during June 20 James's materials price variance for June is A $3,150 unfavorable B $3,150 favorable C $3,210 unfavorable D $3,210 favorable Roman Mfg 's July production involved actual direct labor costs of $46,287 for 3,700 direct labor hours The budget for the July level of production called for 3,800 direct labor hours at $12 50 per hour, using a standard cost system 21 Roman's labor efficiency variance for July is A $1,250 favorable (3,800 3,700) x $12 50 $1,250 F B $1,190 favorable C $1,213 unfavorable D $37 unfavorable

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16, Controlling the materials price variance is usually the responsibility of  A  The purchasing agent  B  The marketing director C  The production supervisor  D  The cost accountant  17 Controlling the materials quantity variance is usually the responsibility of A  The cost accountant  B  The purchasing agent  C  The marketing director D  The production supervisor  18 The use of inexpensive, low quality, materials often results in  A  A favorable materials quantity variance  B  A favorable labor rate variance  C  An unfavorable materials quantity variance  D  An unfavorable materials price variance  19 Excessive overtime hours worked by direct labor workers often results in  A  An unfavorable labor rate variance  B  A favorable labor rate variance  C  A favorable materials price variance  D  An unfavorable materials price variance  James Inc 's flexible budget for June, based upon actual output, called for the use of 10,500 pounds of materials at a standard cost of $7 40 per pound  The Production Department actually used 10,700 pounds of materials costing $7 10 per pound during June  20 James's materials price variance for June is  A  $3,150 unfavorable  B  $3,150 favorable  C  $3,210 unfavorable  D  $3,210 favorable  Roman Mfg 's July production involved actual direct labor costs of $46,287 for 3,700 direct labor hours  The budget for the July level of production called for 3,800 direct labor hours at $12 50 per hour, using a standard cost system 21 Roman's labor efficiency variance for July is  A  $1,250 favorable  (3,800 3,700) x $12 50   $1,250 F B  $1,190 favorable  C  $1,213 unfavorable  D  $37 unfavorable

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16, Controlling the materials price variance is usually the responsibility of: A. The purchasing agent. B. The marketing director C. The production supervisor. D. The

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