Determine the total budgeted labor cost for 1,300 simple returns

QUESTION 7 10 pol Lara's Tax Services (LTS) does simple state and federal tax returns for its customers. LTS charges it's clients $48 per return. LTS budgets that each simple return will require 15 minutes of labor at $40.00 per hour. The Ghent office performed 1,300 simple returns in 2020. Determine the total budgeted labor cost for 1,300 simple returns. ho