1 pts Question 76 76) Jillian Inc. produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000. September 7,500, October 8,000. Each handbag requires 1.3 hours of unskilled labor (paid $8 per hour) and 2.2 hours of skilled labor (paid $15 per hour). What will be the total labor cost for the month of August? $303,800 $231.000 $161.000 $121.500 1 pts Question 77 Which of the following is not a benefit of budgeting? O $121,500 Question 77 77) Which of the following is not a benefit of budgeting? It builds significant organizational and budgetary slack. It plays an important role in communication within the organization. O It serves an important role in motivating and rewarding employees. O It forces managers to look to the future. Question 78 O $31,800 Question 83 83) When calculating raw materials purchases, the starting point should be: O budgeted cost of raw materials. O budgeted sales. O actual materials purchases from the previous year. budgeted production. Question 84 84) Which of the following sequences is correct? O Budgeted income statement - direct materials hudget-production hudant Toit