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Jaybird Incorporated produces leather handbags. The sales budget for the next four months is: July 5,200 units, August 7,100 units, September 7,700 units, and October
Jaybird Incorporated produces leather handbags. The sales budget for the next four months is: July 5,200 units, August 7,100 units, September 7,700 units, and October 8,700 units. Jaybird Incorporated's ending finished goods inventory policy is 10% of the following month's sales. Each handbag requires 1.4 hours of unskilled labor (paid $18 per hour) and 2.9 hours of skilled labor (paid $24 per hour). How much is total labor cost during the three months July through September? Multiple Choice $1,929,180 $87,505 $1,916,160 $1,397,530
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