What is the total direct labor cost for the month of October for Journey's? Journey's Umbrella...
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What is the total direct labor cost for the month of October for Journey's? Journey's Umbrella Factory • Sales Forecast for Q4 in 2022: Selling price = $20 per umbrella • October 20,000 units • November 22,000 units • December 25,000 units • January ¹23 21,000 units • Journey's will begin Q4 with 28,000 units in finished goods (FG) • Journey's wants to end each month with 120% of the next month's projected sales in finished goodsinventory • Each umbrella requires 5 lbs. of direct material • Direct material costs $2.00 per lb. • Journey's will begin the 4th quarter with 10,000 lbs. of direct materials but would like • 20,000 lbs. of direct materials at the end of October, 35,000 lbs. of direct materials at the end of November, and • 40,000 lbs. of direct materials at the end of December. 0 • It takes 12 minutes of direct labor hours to make one umbrella • Workers earn $12 per hour What is the total direct labor cost for the month of October for Journey's? Journey's Umbrella Factory • Sales Forecast for Q4 in 2022: Selling price = $20 per umbrella • October 20,000 units • November 22,000 units • December 25,000 units • January ¹23 21,000 units • Journey's will begin Q4 with 28,000 units in finished goods (FG) • Journey's wants to end each month with 120% of the next month's projected sales in finished goodsinventory • Each umbrella requires 5 lbs. of direct material • Direct material costs $2.00 per lb. • Journey's will begin the 4th quarter with 10,000 lbs. of direct materials but would like • 20,000 lbs. of direct materials at the end of October, 35,000 lbs. of direct materials at the end of November, and • 40,000 lbs. of direct materials at the end of December. 0 • It takes 12 minutes of direct labor hours to make one umbrella • Workers earn $12 per hour
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Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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