Urief Lxercise 233 at 1334 pavrcll taxes sn e14 haurs and st

Urief Lxercise 23-3 at $13.34, pavrcll taxes sn e.14 haurs, and stu the foluwing (Round ars wers Compute o 2 decinolpluces, e.g. 1.25) (a) Standard ??\'ect lybc.. dle per hour. (b Standard direct laber hours par oallan. Standard lahrctper galon.

Solution

(a) Standard direct labor rate per hour = $13.34 + $0.50 + $1.44 = $15.28

(b) Standard direct labor hours per pound = 1.70 + 0.34 + 0.16 = 2.20 hours

(c) Standard labor cost per pound = $15.28 × 2.20 = $33.62