LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.0 hours of direct labor at the rate of $26.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 49,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 610 and 170 units, respectively. Budgeted direct labor costs for June would be:
Multiple Choice:
$3,825,180
$3,787,680
$3,806,430
$1,266,500
Number of units to be produced = Budgeted sales + Ending inventory - Beginning inventory
= 49,000 + 170 - 610
= 48,560 units
Time required for each unit = 3 hours
Rate per direct labour hour = $26
Direct labour cost per unit = 3*26 = $78
Budgeted direct labour cost for june = 48,560 units * $78 = $37,87,680
Therefore, Budgeted labour cost for june = $37,87,680
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires...
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