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Blue Spruce Services Inc. is trying to establish the standard labour cost of a typical oil change. The following data have been collected from time and motion studies conducted over the past month: Actual time spent on the oil change 1.00 hour Hourly wage rate Payroll taxes Set-up and downtime Cleanup and rest periods Fringe benefits $12.00 10% of wage rate 20% of actual labour time 30% of actual labour time 20% of wage rate

Blue Spruce Services Inc. is trying to establish the standard labour cost of a typical oil change. The following data have been collected from time and motion studies conducted over the past month: Actual time spent on the oil change 1.00 hour Hourly wage rate Payroll taxes Set-up and downtime Cleanup and rest periods Fringe benefits $12.00 10% of wage rate 20% of actual labour time 30% of actual labour time 20% of wage rate

FINANCIAL ACCOUNTING
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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determine the direct labour hourly rate. 

Blue Spruce Services Inc. is trying to establish the standard labour cost of a typical oil change. The following data have been collected from time and motion studies conducted over the past month: Actual time spent on the oil change 1.00 hour Hourly wage rate Payroll taxes Set-up and downtime Cleanup and rest periods Fringe benefits $12.00 10% of wage rate 20% of actual labour time 30% of actual labour time 20% of wage rate
Transcribed Image Text:Blue Spruce Services Inc. is trying to establish the standard labour cost of a typical oil change. The following data have been collected from time and motion studies conducted over the past month: Actual time spent on the oil change 1.00 hour Hourly wage rate Payroll taxes Set-up and downtime Cleanup and rest periods Fringe benefits $12.00 10% of wage rate 20% of actual labour time 30% of actual labour time 20% of wage rate
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