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Labor data for making one pound of finished product in Nastri Company are as follows (1) Price - hourly wage rate S12.00, payroll taxes $1.80,
Labor data for making one pound of finished product in Nastri Company are as follows (1) Price - hourly wage rate S12.00, payroll taxes $1.80, and fringe benefits $1.20 (2) Quantity- actual production time 1.1 hours, rest periods and clean-up 0.50 hours, and setup and downtime 0.15 hours. Please compute the following: (a) Standard direct labor rate per hour. (b) Standard direct labor hours per pound. (c) Standard labor cost per pound
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