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Blue Spruce Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $11.20, payrol taxes $2.00, and employee

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Blue Spruce Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $11.20, payrol taxes $2.00, and employee benefits $1.40. (2) Quantity-actual production time 1.3 hours, rest periods and clean up 0.25 hours, and setup and downtime 0.15 hours. Compute the following. (Round answers to 2 decimal places, e.s. 52.75.) (a) Standard direct labor rate per hour (b) Standard direct labor hours per pound $ (b) Standard direct labor hours per pound hours (c) Standard cost per pound

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