Which of the following is not true regarding the use of materials variance information?
A) The purchasing agent has the responsibility for controlling the materials price variance.
B) The production manager is generally responsible for materials usage.
C) The production manager is concerned with minimizing scrap, waste, and rework.
D) The purchasing department is responsible for acquiring quality materials.
E) All of these are true.

Question

Quizplus · Accepted Answer

All the statements provided are true regarding the use of materials variance information. The purchasing agent is indeed responsible for controlling the materials price variance by negotiating prices and selecting suppliers. The production manager is responsible for materials usage, focusing on minimizing scrap, waste, and rework, and ensuring that operations are efficient. The purchasing department's responsibility includes acquiring quality materials to prevent issues in production that could lead to increased variances.

Which of the Following Is Not True Regarding the Use