The standard price of direct labor includes all of the following except
A)Payroll taxes.
B)Health insurance.
C)Retirement contributions.
D)Reimbursement of travel expense.

Question

Quizplus · Accepted Answer

The standard price of direct labor includes the cost of wages paid to employees, payroll taxes, health insurance, and retirement contributions. However, it does not include reimbursement of travel expense, as this is considered a separate cost.

The Standard Price of Direct Labor Includes All of the Following