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Determine the standard direct labor hourly rate

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Question - 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 1 hour

Hourly wage rate $14

Payroll taxes 20% of wage rate

Setup and downtime 6% of actual labor time

Cleanup and rest periods 34% of actual labor time

Fringe benefits 20% of wage rate

Required -

Determine the standard direct labor hours per brake repairs.

Determine the standard direct labor hourly rate.

Determine the standard direct labor cost per brake repair.

If a brake repair took 1.60 hours at the standard hourly rate, what was the direct labor quantity variance?

Reference no: EM132538817

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