Question
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.7 hours of direct labor at the rate of
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.7 hours of direct labor at the rate of $16.00 per direct labor-hour. Management would like you to a Direct Labor Budget for June.
The company plans to sell 32,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 540 and 120 units, respectively. Budgeted direct labor costs for June would be:
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
