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The Yost Company makes and sells a single product, Product A. Each unit of Product A requires 1.2 hours of labor at a labor rate
The Yost Company makes and sells a single product, Product A. Each unit of Product A requires 1.2 hours of labor at a labor rate of $8.40 per hour. Yost Company needs to prepare a Direct Labor Budget for the second quarter. The company has budgeted to produce 20,000 units of Product A in June. The finished goods inventories on June 1 and June 30 were budgeted at 400 and 600 units, respectively. Budgeted direct labor cost for June is:
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