Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a. Determine the standard direct labor hours per oil change. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hours per oil change:

image text in transcribed

a. Determine the standard direct labor hours per oil change. (Round answer to 2 decimal places, e.g. 1.25.)

Standard direct labor hours per oil change:

b. Determine the standard direct labor hourly rate.

Standard direct labor hourly rate:

c. Determine the standard direct labor cost per oil change.

Standard direct labor cost per oil change:

Pina, Inc. is trying to establish the standard labor cost of a typical oil change. The following data have been collected from time and motion studies conducted over the past month. Actual time spent on the oil change 1 hour Hourly wage rate $14 Payroll taxes 10% of wage rate Setup and downtime 17% of actual labor time 33% of actual labor time Cleanup and rest periods Fringe benefits 20% of wage rate (a) Determine the standard direct labor hours per oil change. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hours per oil change hours e Textbook and Media Save for Later Attempts: 0 of 2 used Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Explain all drawbacks of application procedure.

Answered: 1 week ago