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Consider the following set of circumstances for a business: Materials SQ SP AQ SP AQ AP SP AQ $1,500,000 $1,450,000 $1,375,000 $1,525,000 MPV = Unfavorable

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Consider the following set of circumstances for a business: Materials SQ SP AQ SP AQ AP SP AQ $1,500,000 $1,450,000 $1,375,000 $1,525,000 MPV = Unfavorable $150,000 MQV = Favorable $50,000 Labour SQ SR AQ SR AQ AR $3,100,000 $2,650,000 $2,825,000 LRV = Unfavorable $275,000 LEV = Unfavorable $175,000 An investigation needs to be performed to identify what occurred. Based on the thresholds for review, the materials price, labor rate, and labor efficiency variances are all in question. On investigation, it has been determined that the purchasing department employee bought higher quality materials than the specifications call for, but did not confirm the purchase with anyone nor notify anyone of the higher quality. All of the variances above resulted from this one purchasing decision. For full credit: 1. Determine who would you talk to in order to figure out what caused the variances. Given that there are three variances to review, you must list at least three employee positions that you might question. 2. Provide at least one question for each of the three people that you listed above. The questions must differ from person to person. Create your questions to be specific for the role within the company that the person has

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