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Direct labor variances La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available: Quantity of direct labor used 5,050 hrs. Actual rate for direct labor 516.80 per hr. Bicycles completed in July 1,000 bicycles Standard direct labor per bicycle 5.4 hrs. Standard rate for direct labor $16.00 per hr. a. Determine the direct labor rate variance, time variance, and total direct labor cost variance. b. How much direct labor should be debited to Work in Process?

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Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094
BuyFind

Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094

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Chapter
Section
Chapter 23, Problem 23.9EX
Textbook Problem

Direct labor variances

 La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available:

Quantity of direct labor used 5,050 hrs.
Actual rate for direct labor 516.80 per hr.
Bicycles completed in July 1,000 bicycles
Standard direct labor per bicycle 5.4 hrs.
Standard rate for direct labor $16.00 per hr.

 a.    Determine the direct labor rate variance, time variance, and total direct labor cost variance.

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

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Chapter 23 Solutions

Accounting
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