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Under a standard cost system, the materials efficiency variances are the responsibilty of?

A- Sales and industrial engineering.

B- Production and industrial engineering.

C- Purchasing and industrial engineering.

D- Purchasing and sales.

Accounting Auditing Budgeting Financials Costing
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Question added by Mobeen Tahir , Credit Officer , Tawuniya Insurance
Date Posted: 2015/04/22
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Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Answer B is the correct answer

TIMOTHY Ngungi
by TIMOTHY Ngungi , Compliance co-ordinator , Barclays Bank of Kenya

PRODUCTION  AND INDUSTRIAL ENGINEERING

Md. Moshiur Rahman Sumon
by Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

For budgetary controlling system , material efficiency of usage is the controllable although purchasing price merely impact in this regard

(B) -Production and engineering is correct answer 

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