LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.2
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Question:
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.2 hours of direct labor at the rate of $28.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.
The company plans to sell 37,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 590 and 170 units, respectively. Budgeted direct labor costs for June would be:
Multiple Choice
$1,028,500
$3,277,568
$3,296,318
$3,315,068
Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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