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

Q

1A. Map out the correct chromosome map for four genes given the following information X-Z = 18%X-G...

Biology
Q

Building on Dr. Allisons work on Sickle Cell anemia Dr. Pauling tested hemoglobin from diseased individuals,...

Biology
Q

Answer the following questions regarding wealth, poverty, and inequality. Regarding Personal Economic Factors: Where do you stand personally...

Psychology
Q

A mutation occurs and adenine replaces cytosine What impact do you think this will have...

Biology
Q

D projectile motion Which of the following quantities are always positive in a simple harmonic...

Physics
Q

Sketch the graph of f x y 4x y 4 State the domain and range...

Calculus
Q

The following expenditures and receipts are related to land, land improvements, and buildings acquired for...

Accounting
Q

Debbie, the sole shareholder of Ancient Corporations only class of stock, owns 1,000 shares, which...

Accounting
Q

The sales required to achieve a target profit can be determined by using the contributionmargin,...

Accounting
Q

Ferrish Industries has an annual plant capacity of 64,000 units; current production is 56,000 units...

Accounting
Q

Assume that the continuously-compounded spot yields curve is as follows: r(0,0.5)=1.2%, r(0,1)=1.6%, r(0,1.5)=2%, r(0,2)=2.2%. a....

Finance
Q

Here are the assets, liabilities, and common stock of the Newcastle Company at December 31,...

Accounting