Labor data for making one gallon of finished product in Tang Company
QUESTION
Labor data for making one gallon of finished product in Tang Company are as follow:(1) Price-hourly rate $13.00, payroll taxes $0.80,and fringe benefits $1.20. (2) Quantity-Actual production time 1.1 hours, rest periods and cleanup $0.25 hours, and setup downtime 0.15 hoursCompute the following. (Round Answers to 2 decimal places)a) Standard Direct Labor Rate Per hour=?b)Standard Direct Labor Hours Per Gallon=?c)Standard Labor Cost Per Gallon=?
ANSWER:
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