The materials usage variance is always the responsibility, Finance Basics

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The materials usage variance is always the responsibility

1. The materials usage variance is always the responsibility of the production supervisor. Do you agree or disagree? Why?

2. The labor rate variance is never controllable. Do you agree or disagree? Why?

3. Suggest some possible causes of an unfavorable labor efficiency variance.

4. What is kaizen costing? On which part of the value chain does kaizen costing focus?

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Finance Basics: The materials usage variance is always the responsibility

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