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answer the questions please. Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October of the current year
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Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October of the current year are available: Quantity of direct labor used 700 hrs. $13.10 per hr. Actual rate for direct labor Bicycles completed in October 330 bicycles Standard direct labor per bicycle 2 hrs. Standard rate for direct labor $13.40 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. Direct Labor Rate Variance -210 Favorable Direct Labor Time Variance Total Direct Labor Cost Variance b. How much direct labor should be debited to Work in Process? $Step by Step Solution
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