Asked by
Richard Grayson
on Dec 16, 2024Verified
The company has budgeted to produce 25,000 units of Product T in June. goods inventories on June 1 and June 30 were budgeted at 500 and 700 units, respectively. Budgeted direct labour costs incurred in June would be:
A) $295,750.
B) $304,031.
C) $227,500.
D) $293,384.
Direct Labour Budget
A budget that forecasts the expense of direct labor needed to achieve manufacturing targets.
Labour Rate
The standard or actual cost paid per hour of labor, used in calculating the total cost of production or services.
- Understand how to prepare a direct labour budget.
Verified Answer
MB
Learning Objectives
- Understand how to prepare a direct labour budget.
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