(d) If a brake repair took 5.60 hours at the standard hourly rate, what was the direct labor quantity variance? (Round answer to 2 decimal places, e.g. 1.25.) Direct labor quantity variance tA $
(d) If a brake repair took 5.60 hours at the standard hourly rate, what was the direct labor quantity variance? (Round answer to 2 decimal places, e.g. 1.25.) Direct labor quantity variance tA $
Chapter2: Building Blocks Of Managerial Accounting
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Part D
![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
(a)
Your answer is correct.
(b)
(c)
Determine the standard direct labor hours per brake repairs. (Round answer to 2 decimal places, e.g. 1.25.)
eTextbook and Media
Your answer is correct.
Standard direct labor hours per brake repair
5 hours
Standard direct labor hourly rate $
$12
20% of wage rate
11% of actual labor time
eTextbook and Media
34% of actual labor time
Your answer is correct.
25% of wage rate
Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, e.g. 1.25.)
7.25
17.40
Standard direct labor cost per brake repair $
hours
Determine the standard direct labor cost per brake repair. (Round answer to 2 decimal places, e.g. 1.25.)
126.15
Attempts: 1 of 2 used
Attempts: 1 of 2 used](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F51038f17-8323-46ef-a18b-b108bad15422%2F5b40cdfa-333b-423b-9c74-e16e25da8a57%2Fwm5ysd8_processed.png&w=3840&q=75)
Transcribed Image Text: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
(a)
Your answer is correct.
(b)
(c)
Determine the standard direct labor hours per brake repairs. (Round answer to 2 decimal places, e.g. 1.25.)
eTextbook and Media
Your answer is correct.
Standard direct labor hours per brake repair
5 hours
Standard direct labor hourly rate $
$12
20% of wage rate
11% of actual labor time
eTextbook and Media
34% of actual labor time
Your answer is correct.
25% of wage rate
Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, e.g. 1.25.)
7.25
17.40
Standard direct labor cost per brake repair $
hours
Determine the standard direct labor cost per brake repair. (Round answer to 2 decimal places, e.g. 1.25.)
126.15
Attempts: 1 of 2 used
Attempts: 1 of 2 used
![(d)
If a brake repair took 5.60 hours at the standard hourly rate, what was the direct labor quantity variance? (Round answer to 2
decimal places, e.g. 1.25.)
Direct labor quantity variance
$
tA](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F51038f17-8323-46ef-a18b-b108bad15422%2F5b40cdfa-333b-423b-9c74-e16e25da8a57%2Fvq866k_processed.png&w=3840&q=75)
Transcribed Image Text:(d)
If a brake repair took 5.60 hours at the standard hourly rate, what was the direct labor quantity variance? (Round answer to 2
decimal places, e.g. 1.25.)
Direct labor quantity variance
$
tA
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