Sheffield 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. Actualtime spent on the brake repairs 2.10 hour Hourly wage rate $25.20 Payroll taxes 10% of wage rate Setup and downtime 20% of actual labor time Cleanup and rest periods 30% of actuallabor time Fringe benefits 25% of wage rate Determine the standard direct labor cost per brake repair. (Round all intermediate and final answer to 2 decimal places, eg. 1.25) Standard direct labor cost per brake repair $