The minimum amount of time an item requires to pass through a process from beginning to end (i.e., it never waits for other items) is 124 minutes.  Wages average $40 per hour.  There are 5 workers in the system and the worker at the slowest station needs 32 minutes to complete his work.  What is the direct labor cost ($/item)?  Round to 2 decimal places.

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The minimum amount of time an item requires to pass through a process from beginning to end (i.e., it never waits for other items) is 124 minutes.  Wages average $40 per hour.  There are 5 workers in the system and the worker at the slowest station needs 32 minutes to complete his work.  What is the direct labor cost ($/item)?  Round to 2 decimal places.

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