Question: pls show work thank you Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price-hourly wage rate $14.70.

pls show work thank you
Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price-hourly wage rate $14.70. payroll taxes $0.70, and fringe benefits $1.50. (2) Quantity-actual production time 1.50 hours, rest periods and cleanup 0.30 hours and setup and downtime 0.20 hours. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) la) $ $ Standard direct labor rate per hour. Standard direct labor hours per gallon. (b) hours (c) Standard labor cost per gallon. $
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
