LVN Corporation's Direct Labor Costs and Related Information for the Month

question 11

Multiple Choice

LVN Corporation's direct labor costs and related information for the month of June were as follows:

What is LVN Corporation's direct labor efficiency variance?

• A)$1,978 favorable
• B)$1,978 unfavorable
• C)$1,750 unfavorable
• D)$1,750 favorable

---

Definitions:

Marketing Strategy

Plans developed to achieve specific marketing goals within a targeted market, guiding promotional and product development efforts.

Target Market

A specific group of consumers identified as the intended recipient of a marketing campaign or business strategy, characterized by distinct demographics, interests, or needs.

Marketing Strategy

A comprehensive plan formulated to achieve marketing objectives and satisfy the target market's needs.

Target Market

A specific group of potential consumers at whom a company aims its products and services.