Exercise 23-4 Monte Services, 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	1.00hour
Hourly wage rate	$12
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 rate

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

LINK TO TEXT LINK TO TEXT

Determine the standard direct labor hourly rate.(Round answer to 2 decimal places, e.g. 1.25.)

Standard direct labor hourly rate

$