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LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.8 hours of direct labor at the rate of

LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.8 hours of direct labor at the rate of $24.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 47,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 590 and 150 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.)

$3,147,582

$3,128,832

$1,120,500

$3,166,332

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