Question 28 Rapid Repair Services Inc. is trying to establish the standard labour cost of a typical oil change. The following data have been collected from time and motion studies conducted over the past month: Actual time spent on the oil change 1.00 hour Hourly wage rate $12.00 Payroll taxes 10% of wage rate Set-up and downtime 20% of actual labour time Cleanup and rest periods 30% of actual labour time Fringe benefits 15% of wage rate Determine the standard direct labour hours per oil change. (Round answer to 2 decimal places, e.g. 15.25.) Standard direct labour hours Determine the direct labour hourly rate. (Round answer to 2 decimal places, e.g. 15.25.) Direct labour hourly rate $ Determine the direct labour cost per oil change. (Round answer to 2 decimal places, e.g. 15.25.) Direct labour cost per oil change $ If an oil change took 1.60 hours at the standard hourly rate, what was the direct labour quantity variance? (Round answer to 2 decimal places, e.g. 15.25.) Labour quantity variance $