Solution 1:
Standard direct labor hour per brake repair = Actual repair time + Setup and downtime + cleanup and rest periods
= 5 hours + (5*11%) + (5*27%)]
= 6.90 hour
Solution 2:
Standard direct labor hourly rate = Hourly wage rate + Payroll taxes + Fringe benefits
= $10 + ($10*10%) + ($10*25%) = $13.50 per hour
Solution 3:
Standard direct labor cost per brake repair = 6.90*$13.50 = $93.15
Solution 4:
Direct labor quantity variance = (SH - AH) * SR = (6.90 - 5.60) * $13.50 = $17.55 F
Current Attempt in Progress Monte Services, Inc. is trying to establish the standard labor cost of...
Exercise 11-4 (Video) 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 $15 Payroll taxes 10% of wage rate Setup and downtime 5% of actual labor time Cleanup and rest periods 25% of actual labor time Fringe benefits 20% of wage rate Determine the standard...
Exercise 11-4 (Video) 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 Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 1 hour $15 10% of wage rate 5% of actual labor time 25% of actual labor time 20% of wage rate Determine the standard...
Exercise 11-4 (Video) 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 Shours $10 Actualtime spent on the brake repairs Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 10% of wage rate 11% of actual labor time 27% of actual labdtime 25% of wage rate Determine the standard direct labor hours...
Metlock 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 3 hours Hourly wage rate $13 Payroll taxes 10% of wage rate Setup and downtime 12% of actual labor time Cleanup and rest periods 28% of actual labor time Fringe benefits 20% of wage rate Determine the standard direct labor hours...
PRINTER VERSION BACK NEXT Exercise 11-4 (Video) 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 Shours Hourly wage rate Payroll taxes 10% of wage rate Setup and downtime 9% of actual labor time Cleanup and rest periods 29 of actual labor time Fringe benefits 25% of wage rate Determine...
CALCULATOR PRINTER VERSION Exercise 11-4 (Video) 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 co) Actual time spent on the brake repairs $10 5 hours co) deo) ideo) Hourly wage rate 10% of wage rate Payroll taxes Setup and downtime 11% of actual labor time 27 % of actual labor time Cleanup and rest periods 25%...
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 repair Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 3.0 hour $14 19% of wage rate 10% of actual labor time 31% of actual labor time 26% of wage rate (a) x] Your answer is incorrect....
Exercise 24-04 a-d (Video) (Part Level Submission) 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. 1 hour $12 10% of wage rate Actual time spent on the brake repairs Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 20% of actual labor time 30% of actual labor time 25% of wage...
Question 2 View Policies Show Attempt History Current Attempt In Progress Metlock 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 Actualtime spent on the brake repairs 3 hours Hourly wage rate $13 Payroll taxes 10% of wage rate Setup and downtime 12% of actualibor time Cleanup and rest periods 28% of actual labor time Fringe benefits 20%...
Exercise 24-04 a-d (Video) (Part Level Submission) 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 $12 Hourly wage rate Payroll taxes Setup and downtime Cleanup and rest periods Fringe benefits 10% of wage rate 20% of actual labor time 30% of actual labor time 25% of wage...