Crane 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 5 hours Hourly wage rate $12 Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 20% of wage rate 11% of actual labor time 34% of actual labor time 25% of wage rate