Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. direct labor variance la batre bicycle company man

Direct labor variance La Batre Bicycle company manufactures commuter bicycles from recycled materials. The following...

70.2K

Verified Solution

Question

Accounting

Direct labor variance

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 760 hr

Actual rate for direct labor. $11.2 per hr.

Bicycles completed in April. 360 bicycles

Standard direct labor per bicycle. 2 hrs.

standard rate for direct labor. $11.4 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 unfavaroable variance as a positive number:

direct labor rate variance. $. Favorable/unfavorable

direct labor time variance. $. Favorable/Unfavorable

total direct labor Cost Variance. $. Favorable/Unfavorable

b. How much direct labor should be debited to work in process?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

You are attempting to predict the return on Dog Heavy Equipment. You have gathered the following...

Chemistry
1.2K views

A solution is 0.020 M in each Ca2+ and Cd2+. Adjusting the pH of the solution...

Chemistry
1.2K views

Calculate the pH Values of the following two solutions 1.3 x10^-3 M HCl solution and 1.3...

General Management
1.2K views

A bomb explosion in the mall killed 20 people and injured more than 100 others. If...

Accounting
1.2K views

Exercise 15-16 An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for...

Geometry
1.2K views

45 14 mm 20 mm Find the area of the sector to the nearest whole...

Geometry
1.2K views

scribe the solid of revolution you get by revolving the region below about line L...

Geometry
1.2K views

Which of the following is NOT a linear transformation.T : R ? R; T(x, y)...

Statistics
1.2K views

Show Transcribed Text Triangle ABC is defined in the coordinate plane by the points A...

Accounting
1.2K views

Use ratios to analyze a company's liquidity and solvency. Please answer with...

Accounting
1.2K views

DigiCut Production & Advertising Limited is a subsidiary of Groupe Nduom (GN) and is a...

Finance
1.2K views

On the maturity date, _____. A. the market price of the bond rises above the...