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Blossom Toys is planning to sell 160 action figures and to produce 152 action figures in July. Each action figure requires 80 grams of plastic
Blossom Toys is planning to sell 160 action figures and to produce 152 action figures in July. Each action figure requires 80 grams of plastic and a half hour of direct labor. The cost of the plastic used in each action figure is $5 per 80 grams. Employees of the company are paid at a rate of $15 per hour. Manufacturing overhead is applied at a rate of 120% of direct labor costs. Blossom Toys has 72000 grams of plastic in its beginning inventory and wants to have 64000 grams in its ending inventory. What is the amount of budgeted direct labor cost for the month of July? $1140.$2280.$1200.$2400
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