Question
LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2 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 hours of direct labor at the rate of $16.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 39,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 610 and 110 units, respectively. Budgeted direct labor costs for June would be:(Do not round intermediate calculations.) |
rev: 11_19_2015_QC_CS-32026
$616,500
$1,232,000
$1,269,500
$1,250,750
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started