Question
Simms Co. manufactures bicycles. Each bicycle requires 3 hours of labor. The budgeted labor rate for the coming year is $13 per hour. Planned sales
Simms Co. manufactures bicycles. Each bicycle requires 3 hours of labor. The budgeted labor rate for the coming year is $13 per hour. Planned sales for May is 5,000. Simms has 2,000 units in beginning inventory and wants to end May with 1,200 units. What is Simms Co.s budgeted direct labor cost for May?
| a. | $54,600 | |
| b. | $163,800 | |
| c. | $226,200 | |
| d. | $179,400 |
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Accounting Ethics Education Making Ethics Real
Authors: Alberto J. Costa, Margarida M. Pinheiro
1st Edition
1032019999, 9781032019994
