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Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price—hourly wage rate $15.50, payroll taxes $0.70, and fringe benefits $1.40. (2) Quantity—actual production time 1.70 hours, rest periods and cleanup 0.30 hours, and setup and downtime 0.20 hours. Compute the following:
a. Standard direct labor rate per hour.
b. Standard direct labor hours per gallon.
c. Standard labor cost per gallon.
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Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price—hou...
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