Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the supplier are$8 per square foot,
A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the supplier are$8
per square foot, net of purchase discount. Freightin amounts to$0.30
per square foot. Basic wages of the assembly line personnel are$19
per hour. Payroll taxes are approximately 21% of wages. How much is the direct labor cost standard per hour? (Round your answer to the nearest cent.)
Question content area bottom
Part 1
A.
$3.99
B.
$19.00
C.
$22.99
D.
$30.99
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started