Direct Labor Variances Corpus Christi Bicycle Company manufactures commuter bicycles from recycled materiats. Corpus Christi Bicycle Company records standard costs in its accounts. The following data for March are avalable: a. Determine for March 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 mious sigh and an unfavorabie variance as a positive number. b. How much direct labor should be debited to Work in Process? Direct Materials, Direct Labot, and Factory Overhead Cost Voriance Analysis Santiago Inc, processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufa of 74,000 units of product were as follows: Required: a. Determine the direct materials price variance, direct materiais quantity variance, and total direct materiais cost variance. Enter a favorable variance as a negative number using a minus sign and an untavorable variance as a positive number. Required: a. Determine the direct materials price variance, direct materials quantify vanance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an untavorable variance as a positive number. b. Determine the direct labon rate variance, direct iabor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavarable variante as a positive number. c. Determine the variable factory overhead cointoliable varance, fixed factory overhead volame variance, and total factory overhead cost variance. Enter a favorable variante as a negative number using a minus sign and an unfovorable vatience as a positive number