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TC Company makes several printing works using two machines (M and N). Data on the two machines for June 20x1 are as follows: M N
TC Company makes several printing works using two machines (M and N). | ||
Data on the two machines for June 20x1 are as follows: | ||
M | N | |
Direct material | 6 | 4 |
Time required for each unit (TR) | 2 | 4 |
Expected volume during the month (EV) | 2,000 | 1,000 |
Expected labor cost per hour | 50 | |
Budgeted overhead costs | 500,000 | |
Determine the total number of labor hours TC will work during June 20x1 for Product M. |
2,000 | ||
4,000 | ||
8,000 | ||
12,000 |
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