Answered step by step
Verified Expert Solution
Question
1 Approved Answer
when you add it up this is thr numver yet its incorrect ? am i missing something ? Preparing a Direct Labor Budget Patrick Inc.
when you add it up this is thr numver yet its incorrect ? am i missing something ?
Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first 3 months of the coming year is: January 43,800 February 41,000 March 50,250 Each drum of industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour. Required: Prepare a direct labor budget for the months of January, February, and March, as well as the total for the first quarter. Do not include a multiplication symbol as part of your answer. Patrick Inc. Direct Labor Budget For the Coming First Quarter Direct labor budget: January February March Total Units to be produced 43,800 41,000 50,250 135,050 Direct labor hrs per unit Total direct labor hrs 13,140 12,300 15,075 40,515 Wage rate Direct labor cost 236,520 221,400 271,350 729,720 X 0.3 0.3 0.3 0.3 18 18 18 18 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started