Pippin Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. 
The company has reported the following actual results for the product for June:
The labor efficiency variance for the month is closest to:
Definitions:
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.
Operating Activities
Activities that relate to the day-to-day functions of a company involved in producing and selling its goods and services.
Cash Flow From Financing
This represents the net flows of cash that are used to fund a company, including debt, equity, and dividend payments.
Cash Flow From Extraordinary Events
The cash generated or used by a company from events that are unusual, infrequent, and not likely to happen in the foreseeable future.
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