question archive Jeffs Corporation is developing direct labor standards
Jeffs Corporation is developing direct labor standards
Subject:AccountingPrice:2.87 Bought7
Jeffs Corporation is developing direct labor standards. The basic direct labor wage rate is $14.00 per hour. Employment taxes are 11% of the basic wage rate. Fringe benefits are $3.24 per direct labor-hour. The standard rate per direct labor-hour should be:
A. $14.00
B. $9.22
C. $4.78
D. $18.78
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Answer:
(D)
Explanation:
Basic rate $14.00 + taxes $1.54 (11% x $14) + fringe benefits $3.24
= $18.78
