ab X New Tab ses/1906481/discussion_topics/10894664 1. a. What is an unfavorable variance? b. What actions might management take if one occurs? Use an example to help explain your answers. 2. a.Who is generally responsible for the materials price variance? The materials quantity variance and the labor efficiency variances ? b.Why would management care about who is responsible and what might they due if the variances were negative. Use an example to help explain your answers 3.What effect, if any, would you expect poor-quality materials to have on direct labor variances? 4.Why are separate price and quantity variances? Use an example to help explain your answer 5.a.What is definition of a quantity and price standard? b.How are might they be important to the management of a company? Search entries or author Unread Subscribe Reply O RI F4 Prtsen ES F6 F7 Home 19 FB ab X New Tab ses/1906481/discussion_topics/10894664 1. a. What is an unfavorable variance? b. What actions might management take if one occurs? Use an example to help explain your answers. 2. a.Who is generally responsible for the materials price variance? The materials quantity variance and the labor efficiency variances ? b.Why would management care about who is responsible and what might they due if the variances were negative. Use an example to help explain your answers 3.What effect, if any, would you expect poor-quality materials to have on direct labor variances? 4.Why are separate price and quantity variances? Use an example to help explain your answer 5.a.What is definition of a quantity and price standard? b.How are might they be important to the management of a company? Search entries or author Unread Subscribe Reply O RI F4 Prtsen ES F6 F7 Home 19 FB