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A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the supplier are $ 9.00 $9.00

A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the supplier are $ 9.00

$9.00 per squarefoot, net of purchase discount. Freightminus

in amounts to $ 0.20

$0.20 per square foot. Basic wages of the assembly line personnel are $ 12.00

$12.00 per hour. Payroll taxes are approximately 23

23% of wages. How much is the direct labor cost standard perhour? (Round your answer to the nearestcent.)

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