Which manager is usually held responsible for labor price variances?
A) Sales manager
B) Purchasing agent
C) Marketing manager
D) Production supervisor

Question

Quizplus · Accepted Answer

Labor price variances occur due to the differences between the actual labor cost and the standard cost. The production supervisor is the person responsible for hiring and managing the workers, planning the production process, and maintaining productivity levels. Therefore, they are the ones who can control the labor price variances to a considerable extent.

Which Manager Is Usually Held Responsible for Labor Price Variances