Question
Echo Company budgeted production of 100,000 diaries for the year. Each diary requires assembly. Assume that 1/2 hour is required to assemble each diary. If
Echo Company budgeted production of 100,000 diaries for the year. Each diary requires assembly. Assume that 1/2 hour is required to assemble each diary. If assembly labor costs $10 per hour, the direct labor cost budget for the year is _____.
A. $50,000
B. $100,000
C. $500,000
D. $1,000,000
E. none of the above
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Analytical Corporate Valuation Fundamental Analysis, Asset Pricing, And Company Valuation
Authors: Pasquale De Luca
1st Edition
331993550X, 9783319935508
