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 5.0 hour $11 12% of wage rate 11% of actual labor time 27% of actual labor time 24% of wage rate xl Your answer is incorrect. Ty 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 4.32hours Click if you would like to Show Work for this question: Open Show Work