Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
The following information is for direct labor cost for X Company for 2021: Budgeted labor hours per unit of product 2.2 Actual labor hours per
The following information is for direct labor cost for X Company for 2021:
Budgeted labor hours per unit of product 2.2 Actual labor hours per unit of product 2.1
Budgeted hourly wage rate $12.90 Actual hourly wage rate $13.00
Actual production 5,350 units Budgeted production 5,010 units
1. What was the direct labor static budget for 2021?
A: $136,773 B: $142,184 C: $146,055 D: $151,833 E: $213,276 F: $297,888
2. What was the direct labor flexible budget for 2021?
A: $71,092 B: $142,184 C: $146,055 D: $151,833 E: $213,276 F: $297,888
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started