Which department is often responsible for the direct materials price variance?

Name: Which department is often responsible for the direct materials price variance?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The purchasing department is often responsible for sourcing and procuring the direct materials required for production. As such, they are also responsible for negotiating and securing favorable prices for these materials. Hence, they are the most likely department to oversee the direct materials price variance.

Which Department Is Often Responsible for the Direct Materials Price