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14. Miley predicts sales of 4098 units in May & 7464 units in June. Target end of month finished-goods inventory is 10% of next month's
14.
Miley predicts sales of 4098 units in May \& 7464 units in June. Target end of month finished-goods inventory is 10% of next month's sales. The company wants RM ending inventory to cover 20% of next month's needs. The units each require 2 pieces of trim to manufacture and each trim costs $4 per piece. 2 hours of labor are required per unit. The direct labor rate is $11 per hour. What is the total budgeted direct labor cost for May for Miley? Round ONLY your final answer to the nearest dollar and enter it as a positive number (no sign). Do NOT round intermediate calculations. Hint: Consider what determines how much labor is requiredStep by Step Solution
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