Sanders Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time spent on each return is 4 hours. The direct labor standard wage rate at the firm is $13.50 per hour. Last month, 3,580 direct labor hours were used to prepare 900 tax returns. Total wages were $50,120. Read the requirements. ……... Requirement 1. What is the actual (direct labor) wage rate per hour paid last month? (Round your answer to the nearest cent.) The actual (direct labor) wage rate per hour paid last month is
Sanders Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time spent on each return is 4 hours. The direct labor standard wage rate at the firm is $13.50 per hour. Last month, 3,580 direct labor hours were used to prepare 900 tax returns. Total wages were $50,120. Read the requirements. ……... Requirement 1. What is the actual (direct labor) wage rate per hour paid last month? (Round your answer to the nearest cent.) The actual (direct labor) wage rate per hour paid last month is
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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