Direct Labor Variances La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available:
Quantity of direct labor used 5,050 hrs.
Actual rate for direct labor $16.80 per hr.
Bicycles completed in July 1,000 bicycles
Standard direct labor per bicycle 5.4 hrs.
Standard rate for direct labor $16.00 per hr.
a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Direct Labor Rate Variance$Unfavorable
Direct Labor Time Variance$Favorable
Total Direct Labor Cost Variance$Favorable
b. How much direct labor should be debited to Work in Process?
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Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.
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Direct Labor Variances La Barte Company manufactures commuter bicycles from recycled materials. The...
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