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Business, 19.03.2022 02:10 Richelleypinelley

Direct Labor Variances La Batre Bicycle Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available: Quantity of direct labor used 640 hrs. Actual rate for direct labor $11.4 per hr. Bicycles completed in April 300 bicycles Standard direct labor per bicycle 2 hrs. Standard rate for direct labor $11.6 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.

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