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

question 270

Multiple Choice

Dibert Incorporated has provided the following data concerning one of the products in its standard cost system. The company has reported the following actual results for the product for February:
The labor efficiency variance for the month is closest to:

• A) $3,876 Unfavorable
• B) $4,199 Favorable
• C) $4,199 Unfavorable
• D) $3,876 Favorable

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Definitions:

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.

Genetic Traits

Attributes, characteristics, or conditions that are passed from parents to offspring through genes.

Single Gene

Refers to a trait or condition that is determined by the instructions found in one gene, illustrating a simple form of genetic inheritance.

Heritable

Traits or characteristics that can be passed from one generation to the next through genetic inheritance.