Kyoto budgets production of 292 units for May. If each unit of Kyoto's product takes two hours to produce and the labor rate is expected to be $10 per hour, what is the budgeted labor cost for May? A. $4,000 B. $4,240 C. $5,360 D. $5,840 E $2,920 QUESTION 23 When preparing the cash budget, all the following should be considered except: A Cash receipts from customers B. Cash payments for merchandise. C. Depreciation expense. D. Cash payments for income taxes E. Cash payments for capital expendifures