On the Line in Front of Each Variance, Put the Letter

question 1

Short Answer

On the line in front of each variance, put the letter of the department that is most likely responsible for that variance. A letter may be used more than once or not at all.
A. Production department
B. Marketing department
C. Purchasing department
D. Personnel department
________ Direct labor rate variance
________ Direct material price variance
________ Sales volume variance
________ Direct labor efficiency variance
________ Direct material quantity variance

---

Definitions:

Employee Ownership

A business model where employees have a significant stake in the company, often through stock ownership plans, influencing its direction and sharing in its profits.

Business Decisions

Choices or resolutions made by the leadership of a company regarding its operations, strategy, and resource allocation.

Social Voice

The capacity of individuals or groups to express opinions, concerns, or demands in a social context, often to influence change or drive awareness.

Unionism

The movement or policy favoring the formation of labor unions to protect and further the rights and interests of workers.