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 hours
Compute 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=?