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Question # 4 Stephens Marine Repair is trying to establish the standard labor cost of a typical water - cooling pump repair. The following data
Question #
Stephens Marine Repair is trying to establish the standard labor cost of a typical water
cooling pump repair. The following data have been collected from time and motion studies
conducted over the past months.
Required
a Determine the standard direct labor hours per pump repair
b Determine the standard direct labor hourly rate.
c Determine the standard direct labor cost per pump repair.
d If a pump repair took hours at the standard hourly rate, what was the direct
labor quantity variance?
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