Determine the direct labor rate and time variances

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Problem - Direct labor variances - 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 $14.00 per hr.

Bicycles completed in September 280

Standard direct labor per bicycle 2.25 hrs.

Standard rate for direct labor $14.20 per hr.

Required -

a. Determine the direct labor rate and time variances.

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

Reference no: EM132687111

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