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Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been collected from time
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 over the past month. Actual time spent on the brake repairs 1 hour Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits $11 10% of wage rate 8% of actual labor time 32% of actual labor time 20% of wage rate (a) Your answer is correct. Determine the standard direct labor hours per brake repairs. (Round answer to 2 decimal places, e.g. 1.25.) (b) Standard direct labor hours per brake repair eTextbook and Media 140 hours Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hourly rate $ Attempts: 1 of 2 used
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