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Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October are available: Quantity of direct labor used Actual

Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October are available: Quantity of direct labor used Actual rate for direct labor Bicycles completed in October Standard direct labor per bicycle Standard rate for direct labor 5,000 hrs. $22.75 per hr. 800 bicycles 6.0 hrs. $24.00 per hr.
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