Xyz compay manufactures bikes the following data formay of

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Reference no: EM13615688

XYZ compay manufactures bikes. The following data forMay of the current year are available.

Quantity of direct labor used 1,400 hours

Actual rate for directlabor 16.15

perhour bicycles completed inMay 280

Standard direct labor per bicycle 5.30

hours Standard rate for directlabor 15.25

perhour Planned bicycle forMay 210

a. determine the direct labor rate and time variances.

b. How much direct labor should be debited to work inprocess

Reference no: EM13615688

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