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Death Valley Bicycle Company manufactures mountain bikes. The following data for October of the current year are available: Quantity of direct labor used 440

Death Valley Bicycle Company manufactures mountain bikes. The following data for October of the current year are available: Quantity of direct labor used 440 hrs. Actual rate for direct labor Bicycles completed in October Standard direct labor per bicycle Standard rate for direct labor Planned bicycles for October $13.50 per hr. 210 2 hrs. $13.80 per hr. 230 Determine the direct labor rate and time variances.

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