Bramble Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been collected from time and motion studies conducted over the past month. Actual time spent on the brake repairs 1.90 hour Hourly wage rate $22.80 Payroll taxes 10% of wage rate Setup and downtime 20% of actual labor time Cleanup and rest periods 30% of actual labor time Fringe benefits 25% of wage rateDetermine the standard direct labor hourly rate. (Round all intermediate and final answer to 2 decimal places, e.g. 1.25.) Standard direct labor hourly rate $ eTextbook and Media