Explain the possible causes for direct materials price and


1. Explain the possible causes for direct materials price and direct materials usage variances. Who in the organization normally has influence over or responsibility for these variances?

2. Explain some of the possible causes of direct labor rate (price) and direct labor efficiency (quantity) variances. Who normally has responsibility for or influence over these variances?

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Financial Accounting: Explain the possible causes for direct materials price and
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