Which Department Is Usually Responsible for a Labor Price Variance

question 48

Multiple Choice

Which department is usually responsible for a labor price variance attributable to misallocation of workers?

• A) Quality control
• B) Purchasing
• C) Engineering
• D) Production

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Definitions:

Family Business

A commercial organization owned and managed by members of the same family.

Sharing Values

Sharing values denotes the practice of conveying and aligning beliefs and principles among members within an organization or community.

Common Goal

A shared objective or aim that unites members of a group or team, encouraging collaborative effort.

High Failure Rate

The condition where a significant percentage of attempts or endeavors (such as projects, products, or businesses) do not meet expected success criteria within a certain timeframe.