Zhang Industries budgets production of 210 units in June and 220 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate if $12.20 per hour. The indirect labor rate is $19.20 per hour. Compute the budgeted direct labor cost for July.
Budgeted production in unit | 220.00 |
Multiply: Required direct labor hours | 1.50 |
Total direct labor hours required for production | 330.00 |
Multiply: Direct labor rate per hour | 12.20 |
Budgeted direct labor cost for July | 4,026.00 |
Zhang Industries budgets production of 210 units in June and 220 units in July. Each unit...
Zhang Industries budgets production of 250 units in June and 260 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $13.00 per hour. The indirect labor rate is $20.00 per hour. Compute the budgeted direct labor cost for July. Multiple Choice $7,500. $4,875. $7,800. $5,070. $12,870.
Zhang Industries budgets production of 390 units in June and 400 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $15.80 per hour. The indirect labor rate is $22.80 per hour. Compute the budgeted direct labor cost for July. Multiple Choice $13,338. $9,243. $13,680. $9,480. $23,160.
The company plans for finished goods inventory of 220 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 20% of next month’s production needs. Beginning direct materials inventory for April was 540 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.60 hours of direct labor at the rate of $12 per hour. The company budgets...
Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,800 units (solar panels) in July and 5,400 units in August Each unit requires 4 pounds of direct materials, which cost $7 per pound. The company's policy is to maintain direct materials inventory equal to 30 % of the next month's direct materials requirement. As of June 30, the company has 6,960 pounds of direct materials in inventory, which complies with the policy. Prepare a direct materials...
of 4,400 units (solar panels) in July and 6.000 units in August inventory equal to 30% of the next month's direct materials requirement As of June 30, the company has 2,640 pounds of direct al use. The company budgets production of 4,400 units (solar panels) in July and 6,000 units in August Each unit requires 4 hours of direct labor at a rate of $18 per hour Prepare a direct labor budget for July Direct Labor Budget Required information manufactures...
Required information Ramos Co. provides the following sales forecast and production budget for the next four months: July April May 670 June Sales (units) Budgeted production (units) 590 620 690 530 660 630 630 The company plans for finished goods inventory of 210 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 30 % of next month's production...
Tora Co plans to produce 1,070 units in July. Each unit requires three hours of direct labor. The direct labor rate is $20 per hour. Prepare a direct labor budget for July TORA CO. Direct Labor Budget For Month Ended July 31 Budget production (units) 1,070 units Total labor hours needed Budgeted direct labor cost
For July, White Corporation has budgeted production of 6,000 units. Each unit requires 0.10 direct labor-hours at a cost of $8.50 per direct labor-hour. How much will White Corporation budget for labor in July $51,000 $5,160 $600 $5,100
Tora Co plans to produce 1,100 units in July. Each unit requires four hours of direct labor. The direct labor rate is $15 per hour. Prepare a direct labor budget for July 05 TORA CO. Direct Labor Budget For Month Ended July 31 points Budget production units) Total labor hours needed Budgeted Grect labor cost
For July, White Corporation has budgeted production of 7,900 units. Each unit requires 0.40 direct labor-hours at a cost of $5.10 per direct labor-hour. How much will White Corporation budget for labor in July? $40,290 $17,380 $3,160 $16,116 O