Elegance is a manufacturer of large flower pots for urban settings. The company has these? standards:

Requirement 3. Who is generally responsible for each? variance?

The (marketing/production/purchasing/sales) department is responsible for the materials price variance. The (marketing/purchasing/production/sales) department is responsible for the materials quantity variance.

Requirement 4. Interpret the variances.

The (favorable or unfavorable) materials price variance means that the actual price Grand Ceramics' personnel paid for resin the standard budgeted price for resin. The (favorable or unfavorable) materials quantity variance means that Grand Ceramics' employees used (less or more) resin than they should have to produce 2,000 pots

ACT G-131-HYA-OLH-OM ? Take a Test Markinna MX G Elegance ls A Manufactu M Your question needs to x KCSecure https://www.mathxl.com/Student/PlayerTest.aspx?testld-174630544 Data Table Direct materials (resin) 8 pounds per pot at a cost of $5.00 per pound Direct labar.. . Standard variable manufacturing ..........4.0 hours at a cost of $11.00 per hour overhead rate Budgeted fixed manufacturing overhead Standard fixed MOH rate $2.00 per direct labor hour $45,000 S6.00 per direct labor hour (DLH) Print Done Ra 5:29 PM 5/23/2018 Type here to search