18) Theresa Corporation, which manufactures baskets, is developing direct labor standards. The basic direct labor rate is $23.00 per hour. Payroll taxes are 10% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are $8.00 per hour. What is the standard rate per direct labor hour?

A) $33.30

B) $23.00

C) $25.30

D) $31.00

PLEASE SHOW ANSWER AND PROVIDE EXPLANATION!