Piper corporation, which manufactures dog toys, is developing direct labor standards. the basic direct labor rate is $12.00 per hour. payroll taxes are 13% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are$6.00 per hour. what is the standard rate per direct laborhour?

a $13.56 b.$18.00 c.$12.00 d.$19.56

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: