Question: Clark Corporation is developing direct labor standards. The basic direct labor wage rate is $30.00 per hour. Employment taxes are 15% of the basic wage

Clark Corporation is developing direct labor standards. The basic direct labor

Clark Corporation is developing direct labor standards. The basic direct labor wage rate is $30.00 per hour. Employment taxes are 15% of the basic wage rate. Fringe benefits are $5.75 per hour. Determine the standard rate per direct labor-hour. Show your work

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

help 6. If actual costs are greater than standard costs, there is a(an) a. normal variance. b. unfavorable variance. c. favorable variance. d. error in the accounting system. 7. Unfavorable direct...

Leafscott Corporation is developing direct labor standards. The basic direct labor wage rate is $20.00 per hour. Employment taxes are 15.5% of the basic wage rate. Fringe benefits are $4.22 per hour....

1. Ideal standards do not allow for machine breakdowns and other normal inefficiencies. True False 2. Jeffs Corporation is developing direct labor standards. The basic direct labor wage rate is...

Pittmon Corporation is developing direct labor standards. The basic direct labor wage rate is $14.70 per hour. Employment taxes are 10% of the basic wage rate. Fringe benefits are $4.78 per hour. A...

W4 A3 1-3 1. Ideal standards do not allow for machine breakdowns and other normal inefficiencies. True or False 2. Jeffs Corporation is developing direct labor standards. The basic direct labor wage...

please help Leafseatt Corporation is developing direct labor standards. The basic direct labor wage rate is $20.00 per hour. Employment taxes are 15.5% of the basic wage rate. Fringe benefits are...

Schoenfeld Corporation is developing direct labor standards. The basic direct labor wage rate is $10.00 per hour. Employment taxes are 9% of the basic wage rate. Fringe benefits are $3.71 per direct...

Hall Corporation is developing direct labor standards. The basic direct labor wage rate is $25.00 per hour. Employment taxes are 15.5% of the basic wage rate. Fringe benefits are $6.22 per hour....

W4 A3 10 10. Jeffs Corporation is developing direct labor standards. The basic direct labor wage rate is $14.00 per hour. Employment taxes are 11% of the basic wage rate. Fringe benefits are $3.24...

What is the powerhouse of the cell?

If an individual purchases property insurance on business equipment, the premiums are deductible, but if that same individual purchases property insurance on his home, the premiums are nondeductible....

When evaluating a project with mixed ( non - conventional ) cash flows, the Modified Internal Rate of Return ( MIRR ) address the issue of multiple IRRs by Discounting all cash flows back to year...

Questions Q1. Write a Python program to retrieve the first and last colors from the following list: color_list = ["red", "green", "white", "blue", "black") Q2. Given the following dictionary,...

3. Suppose that an economy begins in long-run equilibrium before the price level and real GDP both decline simultaneously. If those changes were caused by only one curve shifting, then those changes...

2. Suppose that you desire to get a lump-sum payment of $100,000 two years from now. Rounded to full dollars, how many current dollars will you have to invest today at 10 percent interest to...

10. If the Fed increases interest rates, the SML will shift _______ and asset prices will _______. LO37.8 a. Down; rise. b. Down; fall. c. Up; rise. d. Up; fall.