Question
Labor data for making one gallon of finished product in Bing Company are as follows. (1) Pricehourly wage rate $13.30, payroll taxes $0.50, and fringe
Labor data for making one gallon of finished product in Bing Company are as follows. (1) Pricehourly wage rate $13.30, payroll taxes $0.50, and fringe benefits $1.40. (2) Quantityactual production time1.70hours, rest periods and cleanup0.30hours, and setup and downtime0.20hours.
Compute the following.(Round answers to 2 decimal places, e.g. 1.25.)
(a)Standard direct labor rate per hour.$
(b)Standard direct labor hours per gallon.enter a number of hours rounded to 2 decimal places
hours(c)Standard labor cost per gallon.$
(c)Standard labor cost per gallon.
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