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Teller Co. is planning to sell 944 boxes of ceramic tile, with production estimated at 883 boxes during May. Each box of tile requires 47
Teller Co. is planning to sell 944 boxes of ceramic tile, with production estimated at 883 boxes during May. Each box of tile requires 47 pounds of clay mix and a quarter hour of direct labor. Clay mix costs $0.4 per pound and employees of the company are paid $14.17 per hour. Manufacturing overhead is applied at a rate of 115% of direct labor costs. Teller has 3,766 pounds of clay mix in beginning inventory and wants to have 4,623 pounds in ending inventory. The total amount to be budgeted for direct labor for the month is $
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