Pippin Incorporated Has Provided the Following Data Concerning One of the Products

question 141

Multiple Choice

Pippin Incorporated 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:

• A) $5,425 Unfavorable
• B) $5,425 Favorable
• C) $5,325 Unfavorable
• D) $5,325 Favorable

---

Definitions:

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action for individuals or organizations.

Humbleness and Willpower

Traits referring to the modesty in one's own abilities and the persistence to achieve goals despite obstacles.

Sustainability Doctrines

Principles and practices aimed at ensuring environmental protection, social equity, and economic viability for long-term preservation.

Mission Statement

A mission statement is a brief description of an organization's fundamental purpose, outlining its goals and guiding principles.