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    jstwaytoosweet's Avatar
    jstwaytoosweet Posts: 4, Reputation: 1
    New Member
     
    #1

    Oct 12, 2009, 06:30 PM
    Standard costing
    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
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
    Senior Member
     
    #2

    Oct 12, 2009, 11:57 PM

    Can you please post the answer you got like the question on cost accounting? We will surely help you with our guidance rather than do your homework for you.

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