Determine the direct labor rate variance and direct labor

Assignment Help Accounting Basics

Reference no: EM13601870

Provence Bicycle Company manufactures road bikes. The following data for September of the current year are available:

Quantity of direct Labor used: 650 hrs
Actual rate for direct labor: $14/hr
Bicycles completed in September: 280
Standard direct labor per bicycle: 2.25 hrs
standard rate for direct labor: $14.20/hr

a. Determine the direct labor rate variance and direct labor time variance. Use the minus sign to enter favorable variances as negative numbers.

Rate variance:$
Time variance:$
Total direct labor cost variance:$

b. How much direct labor should be debited to Work in Process?$

Reference no: EM13601870

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