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Webster Corporation is preparing a master budget for the first quarter. The company budgets production of...

Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 3,040 units in January, 2,780 units in February and 3,640 units in March. Each unit requires 0.7 hours of direct labor. The direct labor rate is $14 per hour. Compute the budgeted direct labor cost for the first quarter budget.

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Answer #1

Total units produced in the first quarter = January + February + March

= 3,040 + 2,780 + 3,640

= 9,460

Budgeted direct labor cost for the first quarter = 9,460 units * 0.7 direct labor hours per unit * $14 per hour

= $92,708

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