=+E13-23 Direct labor variances Obj 5 y a. Time variance, $1,281 F Blue Ridge Bicycle Company manufactures

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=+E13-23 Direct labor variances Obj 5 y

a. Time variance,

$1,281 F Blue Ridge Bicycle Company manufactures mountain bikes. The following data for May ofthe current year are available:

Quantity of direct labor used Actual rate for direct labor Bicycles completed in May Standard direct labor per bicycle Standard rate for direct labor Planned bicycles for May

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