A company is setting its direct materials and direct labor standards for its leading product. Materials cost from the supplier are $5 per square foot, net of purchase discount. Freight-in amounts to $0.10 per square foot. Basic wages of the assembly line personnel are $10 per hour. Payroll taxes are approximately 20% of wages. How much is the direct labor cost standard (per hour) ?
Select one:
A. $12 per hour
B. $17 per hour
C. $10 per hour
D. $2 per hour
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A company is setting its direct materials and direct labor standards for its leading product. Materials cost from the supplier are $5 per ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Oklahoma County issued a request for proposal (RFP) to paint all the offices in the buildings located in District 3. The RFP stipulated that only contractors that were licensed and bonded would be considered. This requirement is an example of A.
Answers (1)
Lois made a secret profit on the sale of her inherited land to her partnership firm. what is the remedy available for such a breach of duty?
Answers (1)
Gary participates in a group long-term care insurance program through his employer. The employer pays for a standard level of coverage for all employees, and Gary pays for an additional voluntary amount of coverage.
Answers (1)
In 2003-2004, much of the western U. S. experienced a drought condition. For example in Denver, water usage was restricted. Yet even though most people used less water, the price of water did not drop.
Answers (1)
Siobhan wants to join a new health club. Her roommate belongs to a club that Siobhan heard about on the radio. She decides to use her roommate's free guest passes to try out the club to see if it meets her needs.
Answers (2)
New Questions in Business
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called
Answers (1)
The Wheeler-Lea Act empowered the FTC to regulate the advertising of food and drugs. It declared all misleading, unfair, or deceptive practices to be illegal, regardless of injury to competition. a. True b. False
Answers (1)
Along with higher return comes
Answers (1)
Kalyan Corporation uses the FIFO method in its process costing system. Operating data for the Enameling Department for the month of May appear below: Units Percent Complete with Respect to Conversion Beginning work in process inventory 1,800 20 %
Answers (1)
Pager, a simple personal device for short messages, became famous in the 1990s. Troveron Communications launched a pager in the early twenty-first century.
Answers (1)