Ch.8 HW eBook 0 Direct Materials and Direct Labor Variances $17,700 At the beginning of June, Bezco Toy Company budgeted 10,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs follows: Direct materials $10,500 Direct labor 7,200 Talal The standard materials price is SD.7 per pound. The standard direct labor rate is $12 per hour. At the end of June, the actual direct materials and direct labor costs were as follows: Actual direct materials $9,600 Actual direct labor 5,600 Total $16,200 There were no direct materials price ar direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Bezca Tay Company actually produced 8,900 units during June. Determine the direct materials quantity and direct labor time variances. Round your per unit computations to two decimal places, if required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct materials quantity varience Direct laborime variance Check My Work Previous Assignment Score: 33.33% All work saved. Email Instructor Save and Exit Submit Assignment for Grading Ch. 8 HW eBook Show Me How 0 Direct Labor Variances La Batre Bicycle Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available: Quantity af direct labar used 400 hrs. Actual rate for direct labor $13.3 per hr Bicycles completed in April 190 bicycles Standard direct labar per bicycle 2 hrs Standard rate for direct labor $13.6 per hr a. Determine the direct labor rate variance, direct labor time varience, and total direct labor cost varience. 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 b. How much direct labar should be debited ba Work in Process? Check My Work Previous Next Assignment Score: 33.33% All work saved. Email Instructor Save and Exit Submit Assigament for Grading