ABC Corporation produces a product that requires 2.6 pounds of materials per unit. The hourly wage rate
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ABC Corporation produces a product that requires 2.6 pounds of materials per unit. The hourly wage rate is $9.00 per hour, but a raise that will average $0.25 will go into effect soon. Payroll taxes are at $1.00 per hour, and fringe benefits average $2.00 per hour. Standard production time is 1 hour per unit.what is The standard direct labor rate per hour ?
Related Book For
Microeconomics Theory and Applications with Calculus
ISBN: 978-0133019933
3rd edition
Authors: Jeffrey M. Perloff
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