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A company has a budgeted selling price per unit of $ 1 0 0 and has budgeted sales for the next few months as follows:

A company has a budgeted selling price per unit of $100 and has budgeted sales for the next few months as follows: $500.000 in January, $470.000 in February. $485,000 in March and $500,000 in April. The company's finished goods inventory policy is 10% of the following month's unit sales. It takes 15 minutes to complete a unit and employees are paid a direct labor rate of $15 per hour. What are the budgeted direct labor costs for March?
 

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