Unfavorable Materials Price and Quantity Variances Are Generally the Responsibility

question 139

Short Answer

Unfavorable materials price and quantity variances are generally the responsibility of the $$\begin{array} { l l l } & { \text { Price } } & \text { Quantity } \\\text { a. } & \text { Purchasing department } & \text { Purchasing Department } \\\text { b. } & \text { Purchasing department } & \text { Production Department } \\\text { c. } & \text { Production department } & \text { Production Department } \\\text { d. } & \text { Production Department } & \text { Purchasing Department }\end{array}$$

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Definitions:

Different Degrees

Variations or levels of intensity, severity, or magnitude in a given context.

Prestige

Social honor or respect seen as worth securing, often associated with a particular position or status within society.

Social Processes

The patterns of growth and change in a society over time, which influence and are influenced by human behavior.

Functions

The role or activity that something is expected to perform within a particular context.