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

Question 168

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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. 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 raw materials price variance for the month is closest to: A)  $33,670 Unfavorable B)  $29,743 Favorable C)  $29,743 Unfavorable D)  $33,670 Favorable The company has reported the following actual results for the product for June:
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 raw materials price variance for the month is closest to: A)  $33,670 Unfavorable B)  $29,743 Favorable C)  $29,743 Unfavorable D)  $33,670 Favorable The raw materials price variance for the month is closest to:


A) $33,670 Unfavorable
B) $29,743 Favorable
C) $29,743 Unfavorable
D) $33,670 Favorable

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