Given the following data, compute the production standard (pieces per hour), the standard labor cost per 100 pieces, and the standard hours per 100 pieces. The allowances are 4% for fatigue, 8% for unavoidable delays, and 8% for personal needs. The operator is paid $5 per hour. Performance rating = 105%. Element 1 2 3 4 Reading (minutes) 2 3 4 1 0.020 0.010 0.009 0.012 0.002 0.030 0.004 0.004 0.100 0.110 0.009 0.050 0.205 0.195 0.200 0.210