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LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.2 hours of direct labor at the rate of
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.2 hours of direct labor at the rate of $21.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 27,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 490 and 70 units, respectively. Budgeted direct labor costs for June would be: Multiple Choice $2,381,856 $559,500 $2,363,106 $2,344,356
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