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Exercise 26-04 a-d Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been
Exercise 26-04 a-d 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 of the past month. Actual time spent on the brake repairs 4 hours Hourly wage rate Payroll taxes Setup and downtime $14 20% of wage rate 6% of actual labor time Cleanup and rest periods Fringe benefits 29% of actual labor time 25% of wage rate Your answer is incorrect. Try again. Determine the standard direct labor hours per brake repairs. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hours per brake repair 5.52 hours Your answer is correct. Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hourly rate 20.30 SHOW SOLUTION LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Determine the standard direct labor cost per brake repair. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor cost per brake repair 112.06 Your answer is incorrect. Try again. If a brake repair took 4.60 hours at the standard hourly rate, what was the direct labor quantity variance? (Round answer to 2 decimal places, e.g. 1.25.) x Direct labor quantity variance 12.18 Unfavorable Click if you would like to Show Work for this question: Open Show Work
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