ch 8 q 4

Direct Labor Variances La Batre Bicyde Company manufactures commuter bicycles from recycled materials. The foilowing data for July of the current year are avallable: a. Determine the direct labor rate variance, direct laber time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using minus sign and an unfavorable variance as a positive number. b. Hew much direct labor should be debited to Work in Process? Ferobad TCheck My Wor Undavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought col as decreasing costs (a credi)? The labor cost variance is the diflerence between the actuai and standard labor cont Learring Obyecsive 3, Learning Objective 5