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LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.5 hours of direct labor at the rate of

LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.5 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 44,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 560 and 120 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.) $2,286,900 $2,305,650 $916,500 $2,324,400

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