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Please explain why the statement is wrong. Many thanks. 10. In companies that have no lay-off policies, the total direct labor cost for a budget

Please explain why the statement is wrong. Many thanks.
10. In companies that have "no lay-off" policies, the total direct labor cost for a budget period is computed by multiplying the total direct labor hours needed to make the budgeted output of completed units by the direct labor wage rate. FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Learning Objective: 4d Level: Hard

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