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. Standard Quantity or Hours per Unit of Output Inputs Direct materials Direct labor Variable manufacturing overhead The company has reported the following actual results for the product for June: Actual output Raw materials purchased Actual price of raw materials Raw materials used in production Actual direct labor-hours Actual direct labor rate Actual variable overhead rate The raw materials quantity variance for the month is closest to: 5.0 grams 0.30 hours 0.30 hours Standard Price or Rate $7.00 per gram $21.30 per hour $9.60 per hour 8,500 units 48, 100 grams $ 7.70 per gram 42,490 grams 2,300 hours $21.70 per hour $9.80 per hour

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 basls of direct labor hours. The company has reported the following octual results for the product for June: The raw materials quantity variance for the month is closest to