A Company Is Setting Its Direct Materials and Direct Labor

Multiple Choice

A company is setting its direct materials and direct labor standards for its leading product.Direct material costs from the supplier are $9 per square foot,net of purchase discount.Freight-in amounts to $0.30 per square foot.Basic wages of the assembly line personnel are $19 per hour.Payroll taxes are approximately 23% of wages.How much is the direct labor cost standard per hour? (Round your answer to the nearest cent.)

A) $4.37
B) $19.00
C) $23.37
D) $32.37