Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Stellar Electronics is establishing labor cost standards for its production
department. The basic direct labor wage rate is $16.50 per hour. Employment
taxes amount to 8.2% of the basic wage rate. The company provides fringe
benefits valued at $4.25 per direct labor hour. The standard rate per direct
labor-hour should be:
a. $22.10
b. $16.50
c. $21.85
d. $18.10
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Transcribed Image Text:Stellar Electronics is establishing labor cost standards for its production department. The basic direct labor wage rate is $16.50 per hour. Employment taxes amount to 8.2% of the basic wage rate. The company provides fringe benefits valued at $4.25 per direct labor hour. The standard rate per direct labor-hour should be: a. $22.10 b. $16.50 c. $21.85 d. $18.10
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College