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Consider the following budgeted production schedule: Time Periods 1 2 3 4 Units of production 20,000 30,000 50,000 10,000 Direct labor of 1/2 hour per

Consider the following budgeted production schedule: Time Periods 1 2 3 4 Units of production 20,000 30,000 50,000 10,000 Direct labor of 1/2 hour per unit is required. Direct labor is paid at $15 per hour. What is the total direct-labor cost planned for Period 3? $250,000 $750,000 $375,000 $125,000 None of the above

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