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LFM 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

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LFM 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 $2100 per direct labor hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 27000 units of Product WZ in June. The finished goods inventories on June and June 30 are budgeted to be 490 and 70 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.) O $2,363,106 O $559,500 O $2,344,356 O $2,381,856

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