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The standard labor rate is -the amount of time that workers should take to produce a single unit of product. -the expected hourly cost of

The standard labor rate is

-the amount of time that workers should take to produce a single unit of product.

-the expected hourly cost of labor, including employee taxes and benefits.

-the amount of time that workers should take to produce a single unit of product times the expected hourly cost of labor.

-the expected hourly cost of labor, excluding employee taxes and benefits.

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