Exercise 24-04 a-d (Video) Windsor Services, Inc. is trying to establish the standard labor cost...
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Accounting
Exercise 24-04 a-d (Video) Windsor 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. 3 hours Actualtime spent on the brake repairs Hourly wage rate Setup and downtime Cleanup and rest periods Fringe benefits 20of wage rate 99% of actual labor time 3156 of actual labor time 25% of wage rate Determine the standard direct labor hours per brake repairs. Round answer to 2 decimal places, 9.1.25.) Standard direct labor hours per brake repair hours Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, 9.1.25.) Standard direct labor hourly rate Determine the standard direct labor cost per brake repair. (Round answer te 2 decimal places, c.9. 1.25.) Standard direct labor cost per brake repair If a brake repair took 3.50 hours at the standard hourly rate, what was the direct labor quantity variance? (Round answer to 2 decimal places, ed. 1.25.) Direct labor quantity variance Click if you would like to show Work for this question: Dean Show Work
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