Business, 11.05.2021 19:50 michael11948

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 400 hrs.
Actual rate for direct labor $14.20 per hr.
Bicycles completed in October 190 bicycles
Standard direct labor per bicycle 2 hrs.
Standard rate for direct labor $14.50 per hr.

Required:
a. Determine for October the direct labor rate variance, direct labor time variance, and total direct labor cost variance.
b. How much direct labor should be debited to Work in Process?

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Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data f...

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