Question 2 of 5 View Policies Current Attempt in Progress > Concord Services, Inc. is trying...

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Question 2 of 5 View Policies Current Attempt in Progress > Concord 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 (a) 1.40 hour $16.80 10% of wage rate 20% of actual labor time 30% of actual labor time 25% of wage rate -17 E Determine the standard direct labor hours per brake repair. (Round all intermediate and final answer to 2 decimal places, e.g. 1.25.) Standard direct labor hours per brake repair hours (b) Determine the standard direct labor hourly rate. (Round all intermediate and final answer to 2 decimal places, e.g. 1.25) Standard direct labor hourly rate Question 2 of 5 View Policies Current Attempt in Progress > Concord 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 (a) 1.40 hour $16.80 10% of wage rate 20% of actual labor time 30% of actual labor time 25% of wage rate -17 E Determine the standard direct labor hours per brake repair. (Round all intermediate and final answer to 2 decimal places, e.g. 1.25.) Standard direct labor hours per brake repair hours (b) Determine the standard direct labor hourly rate. (Round all intermediate and final answer to 2 decimal places, e.g. 1.25) Standard direct labor hourly rate

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a Determine the standard direct labor cost per brake repair Actual Time Spent on Brake Repair 140 ho... View the full answer