Question

Hoschild Bicycle Company manufactures bicycles. The following data for September of the current year are available:
Quantity of direct labor used ........ 850 hrs.
Actual rate for direct labor ......... $ 15.60 per hr.
Bicycles completed in September ...... 400
Standard direct labor per bicycle ....... 2 hrs.
Standard rate for direct labor ....... $ 16.00 per hr.
a. Determine the direct labor rate and time variances.
b. How much direct labor should be debited to Work in Process?



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  • CreatedJune 27, 2014
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