Jaybird Incorporated produces leather handbags. The sales budget. for the next four months is: July 5,500 units, August 7,400 units, September 8,200 units, and October 8,200 units. Jaybird Incorporated's ending finished goods inventory policy is 10% of the following month's sales. Each handbag requires 1.9 hours of unskilled labor (paid $10 per hour) and 2.2 hours of skilled labor (paid $20 per hour). What will be the total labor cost for the month of August? Multiple Choice O O O $390,950 $469,070 $471,240 $30,668

Jaybird Incorporated produces leather handbags. The sales budget for the next four months is: July 5,500 units, August 7,400 units, September 8,200 units, and October 8,200 units. Jaybird Incorporated's ending finished goods inventory policy is 10% of the following month's sales. Each handbag requires 1.9 hours of unskilled labor (paid $10 per hour) and 2.2 hours of skilled labor (paid $20 per hour). What will be the total labor cost for the month of August? Multiple Choice $390,950 $469,070 $471,240 $30,668