Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October of the current year are available: Quantity of direct labor used 610 hrs. Actual rate for direct labor $13.20 per hr. Bicycles completed in October 290 bicycles Standard direct labor per bicycle 2 hrs. Standard rate for direct labor $13.50 per hr a. Determine for October 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 minus sign and an unfavorable variance as a positive number Direct Labor Rate Variance Direct Labor Time Varience Total Direct Labor Cost Variance b. How much direct labor should be debited to Work in Process? Moniprogres The materials used by Hibiscus Company's Division A are currently purchased from an outside supplier at $S2 per unit. Division B is able to supply Division A with 19,600 units at a variable cost of $47 per unit. The two divisions have recently negotiated a transfer price of $48 per unit for the 19,600 units. Enter an increase as a positive number and a decrease as a negative number. a. By how much will each division's income increase as a result of this transfer? Division A Division B b. What is the total increase in income for Hibiscus Company