Exercise 23-4 (Part Level Submission) Monte 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 repair Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 3.0 hour $15 13% of wage rate 12% of actual labor time 34% of actual labor time 21% of wage rate * Your answer is incorrect. Try again. Determine the standard direct labor hours per brake repair. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hours per brake repair 20.5 hours Click if you would like to show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT