Jillian Inc. produces leather handbags. The production budget for the next four months is: July 5,900 units, August 7,400, September 7,800, October 8,200. Each handbag requires 2.1 hours of unskilled labor (paid $17 per hour) and 2.3 hours of skilled labor (paid $19 per hour). How many total labor hours will be budgeted for September? Multiple Choice 16,380 34,320 7,800 17,940
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Jillian Inc. produces leather handbags. The production budget for the next four months is: July 5,900 units, August 7,400, September 7,800, October 8,200. Each handbag requires 2.1 hours of unskilled labor (paid $17 per hour) and 2.3 hours of skilled labor (paid $19 per hour). How many total labor hours will be budgeted for September?
Multiple Choice
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16,380
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34,320
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7,800
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17,940
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