Daughdrill Corporation Is Developing Direct Labor Standards

question 96

Multiple Choice

Daughdrill Corporation is developing direct labor standards. The basic direct labor wage rate is $10.95 per hour. Employment taxes are 9% of the basic wage rate. Fringe benefits are $4.00 per direct labor-hour. The standard rate per direct labor-hour should be:

• A) $5.96
• B) $4.99
• C) $10.95
• D) $15.94

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Definitions:

Significance Level

The threshold below which a result is considered statistically significant, indicating the probability of rejecting the null hypothesis when it is true.

Seat Belts

Safety devices designed to secure the occupant of a vehicle against harmful movement that may result from a collision or a sudden stop.

Vehicle Accidents

Incidents involving vehicles which result in damages or injuries, often requiring investigation and analysis for prevention.

Degrees of Freedom

The sum of independent values or measures that can be assigned within a statistical distribution.