Multiple Choice
The production manager of CLR calculated a material and unfavorable variance of $4,000 with respect to the cost of direct materials. Which of the following is a likely next step for the production manager?
A) Identify and discipline the responsible employee
B) Take actions to prevent the variance from recurring
C) Ascertain the cause of the variance
D) Switch suppliers for direct materials
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Mason Ltd uses a standard costing system.
Q19: Pardee Ltd completed operations for the week
Q21: Everett Ltd budgeted $1,488,000 for total overhead.
Q22: At the end of 2010, ELM's production
Q24: A contract with a new supplier may
Q25: During the period Richeleau produced 1,000 units
Q27: During the period Richeleau produced 1,000 units
Q28: Everett Ltd budgeted $1,488,000 for total overhead.
Q43: If a variance is considered material, it
Q109: The total standard cost for a unit