The materials price variance is the responsibility of (a) production manager (b) cost acctg manager (c) sales manager (d) purchasing manager

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
An adverse material usage variance together with a favourable materials price va...
Posted by:
Vinod Jetley
31-October-2014

Accounting Cost Accounting Budgeting Financial Accounting managerial accounting

Question added by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)
Date Posted: 2014/12/06

Upvote (10) Views (27) Followers (22) Answers (25) Report Question

Write an Answer
Register now or log in to answer.

25 Answers

Ednalyn Banuelos, CMA

by Ednalyn Banuelos, CMA , Projects Accountant , Grade Ref., LLC

D. Purchasing Manager

Downvote Reply () Report

by Deleted user

Answer D is correct

Downvote Reply () Report

Ahmed Abd Alwahab Awad Ibrahim

by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

The Correct Answer Is

(d) purchasing manager

Downvote Reply () Report

Alex Al Yazouri

by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

Purchasing Manager or Procurement Manager.

Downvote Reply () Report

by Urslan Ali , Supervisor Finance, Logistics , Sevens LLC - Al Naboodah Group

D Purchasing manager is responsible for price variance as he has arrange the material demand from market, if he timely contracts with suppliers at an agreed prices than price variances will be reduced.

Downvote Reply () Report

by Deleted user

Purchasing Manager is mainly responsible for Material Price Variance

Downvote Reply () Report

Altaf Bhoon ACA

by Altaf Bhoon ACA , Assistant Finance Manager , Atlantic Maritime Group FZE

Responsibility of purchasing manager.

Downvote Reply () Report

Fawzy Ahmed Salim El-Shabiby

by Fawzy Ahmed Salim El-Shabiby , Accountant , Servtel Information, Security, and Telecommunication Network Limited

Purchasing Manager is the one responsible

Downvote Reply () Report

Khaled Mohee Eldeen Abbas Mahmoud

by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

D

Downvote Reply () Report

by Khurrum Iqbal , Accountant , Akun Logistic Services

d

Downvote Reply () Report

Muhammad Yousaf

by Muhammad Yousaf , Credit Controller /Accountant , Nestle Waters / Al Manhal Water Facotry

Purchasing Manager.. As he is the one who finalize the contract/deals to buy the items.

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

See More Answers

Write Your Answer

More Questions Like This

What ate 3 basic controls of sales and purchases?
Top Answer: Quality - competitive prices - fast service See More

Answers (4)
In Euro some organizations began to make a separate department called "cost saving" What is the difference between cost management and cost saving?
Top Answer: <p style="text-align:left;"> cost management is the reason behind cost saving</p> See More

Answers (11)
Production manager request additional employees to meet production targets, as recruitment manager where you select internal or external, the reason?
Top Answer: study the benefit from internal Co. or external or training or for part time See More

Answers (19)
I did my Bachelor of Enginering (B.E) in Mechanical , Masters (M.S) in Manufacturing, Masters (M.B.A) in Production Management. Is QA/QC best for me?
Top Answer: <p>Better to join Supply Chain</p> See More

Answers (17)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.