Delmar Incorporated uses a standard cost system. Labor standards are 2.00 hours per widget at 14.20 per hourDuring ugust, Delmar Incorporated paid its workers $242,814 for 16,980 hoursDelmar Incorporated produced 8,690 widgets uring August.

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Delmar Incorporated uses a standard cost system. Labor standards are 2.00 hours per widget at $14.20 per hour. During August, Delmar Incorporated paid its workers $242,814 for 16.980 hours. Delmar Incorporated produced 8,690 widgets during August. Required: a. Calculate the direct labor rate variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). b. Calculate the direct labor efficiency variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). c. Calculate the direct labor spending variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). a. Rate Variance b. Efficiency Variance c. Spending Variance Delmar Incorporated uses a standard cost system. Labor standards are 2.00 hours per widget at $14.20 per hour. During August, Delmar Incorporated paid its workers $242,814 for 16.980 hours. Delmar Incorporated produced 8,690 widgets during August. Required: a. Calculate the direct labor rate variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). b. Calculate the direct labor efficiency variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). c. Calculate the direct labor spending variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). a. Rate Variance b. Efficiency Variance c. Spending Variance