Question
1. The following information is for direct labor cost for X Company for 2021: Budgeted labor hours per unit of product 3.7 Actual labor hours
1. The following information is for direct labor cost for X Company for 2021:
| Budgeted labor hours per unit of product | 3.7 | |
| Actual labor hours per unit of product | 3.3 | |
| Budgeted hourly wage rate | $11.50 | |
| Actual hourly wage rate | $11.70 | |
| Budgeted production | 4,610 units | |
| Actual production | 5,310 units | |
1. What was the direct labor static budget for 2021?
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
