Strand Company is planning to sell 800 buckets and produce 480 buckets during March. Each bucket requires
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Strand Company is planning to sell 800 buckets and produce 480 buckets during March. Each bucket requires 300 grams of plastic and one-half hour of direct labor. Plastic costs $10 per 300 grams and employees of the company are paid $17.00 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Strand has 1100 kilos of plastic in beginning inventory and wants to have 900 kilos in ending inventory. How much is the total amount of budgeted direct labor for March?
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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