Lene is working whth the operations manager to determine what the stondard labor cost is for a spice chest. He has watched the process from start to finish and taken detalied notes on what each employee does. The frst employee selects and milis the wood, so it is smooth on ali four sides. This takes the employee 1 hour for each chest. The next employee takes the wood and cuts it to the proper sire. Thls takes 30 minutesi. The next employee assembles and sands the chest. Assembly takes 2 . hours. The chest then goes to the finishing department. It takes 1.5 hours to finish the chest. All employees are cross-trained so they are all poid the same amount per hour, 520.60. A. What are the standard haurs per chest? Standard hour per chest hours 8. What is the standard cost per chest for labor? Round your answer to two decimal places, Standard cost per chest 5