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Answer:
(1). standard price = $4.8.
(2). standard quantity for direct labor = 0.25 hour or 15 minutes.
Explanation:
So, we are given the following data or information which is going to assist us in solving this particular question or problem, they are:
(1). "Short-sleeve T-shirts, 100-pack
= $350.00."
(2). "Long-sleeve T-shirts, 100-pack
= 400.00."
(3). "Direct labor, per hour 16.00"
(4). "Ink, 32-ounce bottle = 16.00."
(5). "Plastic bags, 100-pack = 8.00"
Soz from the question we are given that the standard quantity for direct labor = 15 minutes = 0.25 hours. Hence, the solution to the value for standard quantity for direct labor is known.
For the STANDARD PRICE:
Direct labor, per hour × { (1 + fringe benefits for workers ) × [standard quantity for direct labor/60}.
16 × { (1 + (20/100)} × 15 minutes /60 .
= $ 4.8
Complete question: Kandy Harts manufactures custom T-shirts. Each T-shirt can be imprinted front and back with photos, company logos or other information. Each T-shirt requires 2 ounces of ink, 15 minutes of direct labor (processing, folding, packaging), and a plastic bag for packaging. The following information is available regarding costs:
Short-sleeve T-shirts, 100-pack $350.00
Long-sleeve T-shirts, 100-pack 400.00
Direct labor, per hour 16.00
Ink, 32-ounce bottle 16.00
Plastic bags, 100-pack 8.00
Kandy applied overhead at a rate of $9.4 per direct labor hour, and fringe benefits for workers are an additional 20% of wages. What is the standard price and standard quantity for direct labor
(1) The Standard price is = $4.8.
(2) The Standard quantity for direct labor is = 0.25 hours or 15 minutes.
What are the Standard price and Standard quantity for labor?
Now we are given the following data or information as per the question base which is going to assist us in solving this particular question or problem, they are:
(1). The "Short-sleeve T-shirts, 100-pack
Then = $350.00."
(2). The "Long-sleeve T-shirts, 100-pack is
That is = 400.00."
(3). Then the "Direct labor, per hour 16.00"
(4). After that "Ink, 32-ounce bottle is = 16.00."
(5). Then the "Plastic bags, 100-pack is = 8.00"
After that z from the question, we are given that the standard quantity for direct labor is = 15 minutes and = 0.25 hours.
Therefore, the solution to the value for standard quantity for direct labor is known.
For the STANDARD PRICE: When the Direct labor, per hour × { (1 + fringe benefits for workers ) × [standard quantity for direct labor/60}.
Then 16 × { (1 + (20/100)} × 15 minutes /60 .
Therefore,= $ 4.8
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