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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Alpine Bicycle Company manufactures mountain bikes. The following data for May of the current year are available:
Quantity of direct labor used …………… 600 hrs.
Actual rate for direct labor ……….. $12.50 per hr.
Bicycles completed in May …………………. 280
Standard direct labor per bicycle ………….. 2 hrs.
Standard rate for direct labor ……… $12.75 per hr.
Planned bicycles for May …………………….. 310
Determine the direct labor rate and time variances.
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