Grouper Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $11.70, payroll taxes $2.50, and employee benefits $1.90. (2) Quantity-actual production time 1.8 hours, rest periods and clean up 0.26 hours, and setup and downtime 0.14 hours. Compute the following. (Round answers to 2 decimal places, e.g. 52.75.) (a) Standard direct labor rate per hour to (b) Standard direct labor hours per pound hours (c) Standard cost per pound $ Save for Later Attempts: 0 of 1 used Submit AnswerAt Symond Company, production workers in the Painting Department are paid on the basis of productivity. The labor time standard for a unit of production is established through periodic time studies conducted by Douglas Management Consultants. In a time study, the actual time required to complete a specic task by a worker is observed. Allowances are then made for preparation time, rest periods, and cleanup time. Bill Carson is one of several veterans in the Painting Department. Bill is informed by Douglas that he will be used in the time study for the painting of a new product. The ndings will be the basis for establishing the labor time standard for the next 6 months. During the test, Bill deliberately slows his normal work pace in an effort to obtain a labor time standard that will be easy to meet. Because it is a new product, the Douglas representative who conducted the test is unaware that Bill did not give the test his best effort. (b) Was Bill ethical in the way he performed the time study test? Bill was v . Save for Later Attempts: O of 1 used Submit Answer Coronado Industries produces a product that requires 2.60 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.30 pounds and 0.10 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $15 per hour, but a raise which will average $0.20 will go into effect soon. Payroll taxes are $1.50 per hour, and employee benets average $3.00 per hour. Standard production time is 1 hour per unit. and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively. The standard direct labor rate per hour is 0 $19.50. 0 $19.70. 0 $15.20. 0 $15.00. Save for Later Attempts: 0 of 1 used The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11900 gallons of direct materials that actually cost $39900 were used to produce 6000 units of product. The direct materials quantity variance for last month was 0 $5950 unfavorable. 0 $400 favorable. 0 $400 u nfavorable. 0 $300 favorable. Save for Later Attempts: 0 of 1 used The standard rate of pay is $23 per direct labor hour. If the actual direct labor payroll was $103960 for 4600 direct labor hours worked, the direct labor price variance is 0 $1840 unfavorable. O $2300favorable. O $1840favorable. 0 $2300 unfavorable. Save for Later Attempts: 0 of 1 used