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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 and
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 Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 3 hours $13 20% of wage rate 12% of actual labor time 28% of actual labor time 25% 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.) Standard direct labor hours per brake repair 4.20 hours e Textbook and Media Attempts: 2 of 3 used (b) Your answer is correct. Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor hourly rate 18.85 e Textbook and Media Attempts: 1 of 3 used (c) Determine the standard direct labor cost per brake repair. (Round answer to 2 decimal places, e.g. 1.25.) Standard direct labor cost per brake repair $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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