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Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for...

Direct Labor Variances

Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October of the current year are available:

Quantity of direct labor used 630 hrs.
Actual rate for direct labor $11.70 per hr.
Bicycles completed in October 300 bicycles
Standard direct labor per bicycle 2 hrs.
Standard rate for direct labor $11.90 per hr.

a. Determine for October 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 unfavorable variance as a positive number.

Direct Labor Rate Variance $
Direct Labor Time Variance $
Total Direct Labor Cost Variance $

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

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