Question: Current Attempt in Progress Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been

Current Attempt in Progress Monte 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. Actual time spent on the brake repairs Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 3 hours $14 20% of wage rate 9% of actual labor time 31% of actual labor time 25% of wage rate (a) Determine the standard direct labor hours per brake repairs. (Round answer to 2 decimal places, e.g. 1.25.) hours Standard direct labor hours per brake repair
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
