Here is another one that is throwing me for a loop. Any help would be greatly apprecaited.
Delaware Inc uses a standard cost system. The company experienced the following results related to direct labor in Dec 2008
Actual hours worked 49500
Standard hours for production 46200
Actual direct labor rate $9.25
Standard direct labor rate $9.75
a. calculate the total actual payroll
b. determine the labor rate variance
c. determine the labor quantity variance
d. what concerns so you have about the variances in part b and c
