Homework Answers
*The standard and actual labor rate and hours will be same because the company is making one gallon of finished product.
Ans. (a) Standard direct labor rate per hour = Wage rate + Payroll taxes + Fringe benefits
= 17.74 + 0.52 + 1.50
= $19.76 per hour
Ans. (b) Standard direct labor hours per gallon = Actual production time + Cleanup + Setup and downtime
= 1.26 + 0.26 + 0.26
= 1.78 hours
Ans. (c) Standard labor cost per gallon = Standard rate * Standard labor hours
= $19.76 * 1.78
= $35.1728
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Hourly wage rate
$13
Payroll taxes
10% of wage rate
Setup and downtime
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Actual time spent on the oil change
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Hourly wage rate
$10
Payroll taxes
10% of wage rate
Setup and downtime
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Cleanup and rest periods
34% of actual labor time
Fringe benefits
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