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Detmer Enterprises has the following budgeted sales Budgeted Sales_in Units June July August September 6,800 units 5,100 units 4,400 units 7,300 units Past experience has
Detmer Enterprises has the following budgeted sales Budgeted Sales_in Units June July August September 6,800 units 5,100 units 4,400 units 7,300 units Past experience has shown that the ending finished goods inventory for each month should be equal to 20% of the next month's expected sales in units. Additionally, it is known that every unit produced requires four direct labor hours to make and direct laborers are paid $15 per hour. Assume that Detmer pays 65% of its direct labor in the same month the employee works, pays 30% of its direct labor in the month after the employee works, and the final 5% is paid two months after the employee works. Calculate the budgeted cash payments for direct labor for the month of August
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