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Posted: June 22nd, 2023
Direct Labor Variances Assignment
Direct Labor Variances La Batre Bicycle Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available:
520 hrs Quantity of direct labor used $12.3 per hr. The actual rate for direct labor 240 bicycles Bicycles completed in April Standard direct labor per bicycle 2 hrs. The standard rate for direct labor $12.5 per hr. a. Determine 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. Direct Labor Rate Variance Direct Labor Time Variance Total Direct Labor Cost Variance Favorable b. How much direct labor should be debited to Work in Process? Unfavorable. Get Accounting homework help today
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