QS 20-14 Manufacturing: Direct labor budget LO P1

Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,000 units (solar panels) in July and 5,300 units in August.

Each unit requires 4 hours of direct labor at a rate of $16 per hour. PREPARE A DIRECT LABOR BUDGET FOR JULY.

MIAMI SOLAR
Direct Labor Budget
For Month Ended July 31
Budgeted production	5,000
Labor requirements per unit (hours)	???
Total labor hours needed	???
Labor rate (per hour)	???
Budgeted cost of direct labor	???