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Ayayai Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $13.30, payroll taxes $4.10, and employee benefits
Ayayai Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $13.30, payroll taxes $4.10, and employee benefits $3.50. (2) Quantity-actual production time 3.4 hours, rest periods and clean up 0.30 hours, and setup and downtime 0.20 hours. Compute the following. (Round answers to 2 decimal places, es. 52.75.) (a) Standard direct labor rate per hour (b) Standard direct labor hours per pound hours (c) Standard cost per pound
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