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Ontario Inc. produces leather travelbags. The sales budget for the next four months is: July 5,500 units, August 7,000, September 7,800, October 8,400. Ontario Inc.s
Ontario Inc. produces leather travelbags. The sales budget for the next four months is: July 5,500 units, August 7,000, September 7,800, October 8,400. Ontario Inc.s ending finished goods inventory policy is 10% of the following months sales. Each travelbag requires 2.2 hours of unskilled labor (paid $15 per hour) and 2.3 hours of skilled labor (paid $22 per hour). What will be the total labor cost for the month of August?
Multiple Choice
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$31,860
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$511,598
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$589,718
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$591,888
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