Hey, I'm struggling with the standard cost and quantity in my Excel workbook project. I have the hourly rate for the employee in question as $16/hr for 40 hrs a week. Later I find out there was only 20 business days in the month. I have the variable cost for direct materials as well as the total variable costs. I have the rent amount as well. I just can't figure out what I need to do to get the amounts for the standard cost and can not move forward for the variance analysis without figuring out the standard costs. I have tried looking at the example in my workbook as well as a similar project in my library on course hero but just can not grasp it. Thanks for your time!