Business, 06.04.2020 22:01 JennyPalma

Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October are available: 5,000 hrs. Quantity of direct labor used Actual rate for direct labor $22.75 per hr. 800 bicycles Bicycles completed in October Standard direct labor per bicycle 6.0 hrs. Standard rate for direct labor $24.00 per hr. a. Determine for October the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Favorable -6,250 Direct Labor Rate Variance Unfavorable $ 4,800 Direct Labor Time Variance Favorable $ х Total Direct Labor Cost Variance b. How much direct labor should be debited to Work in Process?

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Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled material...

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