Pittmon Corporation is developing direct labor standards.The basic direct labor wage rate is $14.70 per hour.Employment taxes are 10% of the basic wage rate. Fringebenefits are $4.78 per hour. A particular product requires1.20 direct labor-hours per unit. The allowance for breaksand personal needs is 0.10 direct labor-hours per unit. Theallowance for cleanup, machine downtime, and rejects is0.14 direct labor-hours per unit.Required:a. Determine the standard rate per direct labor-hour.(Round your answer to 2 decimal places. Omit the "S" signin your response.)Standard rate $ per DLHsb. Determine the standard direct labor-hours per unit ofproduct. (Round your answer to 2 decimal places.)Standard direct labor-hours per unitc. Determine the standard labor cost per unit of product.(Round your intermediate and final answer to 2 decimalplaces. Omit the "$" sign in your response.)Standard labor cost $ per unit

Name: Pittmon Corporation is developing direct labor standards.The basic di
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Description: Pittmon Corporation is developing direct labor standards.The basic direct labor wage rate is $14.70 per hour.Employment taxes are 10% of the basic wage rate. Fringebenefits are $4.78 per hour. A particular product requires1.20 direct labor-hours per

Formulas used to calculate - Standard rate per direct labor-hour = Basic direct labor wage rate +…

Business

Accounting

a. Determine the standard rate per direct labor-hour. (Round your answer to 2 decimal places. Omit the "S" sign in your response.) Standard rate $ per DLHs b. Determine the standard direct labor-hours per unit of product. (Round your answer to 2 decimal places.) Standard direct labor-hours per unit

a. Determine the standard rate per direct labor-hour. (Round your answer to 2 decimal places. Omit the "S" sign in your response.) Standard rate $ per DLHs b. Determine the standard direct labor-hours per unit of product. (Round your answer to 2 decimal places.) Standard direct labor-hours per unit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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