LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.7 hours of direct labor at the rate of $16.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 32,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 540 and 120 units, respectively. Budgeted direct labor costs for June would be: Multiple Choice Ο Ο Ο $504,500 $1,907,036 $1.069.536 $1.008.206

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
Section: Chapter Questions
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LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.7 hours of direct labor at the rate of $16.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June
The company plans to sell 32,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 540 and 120 units, respectively. Budgeted direct labor costs for June would be:
Multiple Choice
O
ο ο ο
5504.500
$1,907,036
$1,869,536
51008.206
Transcribed Image Text:LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.7 hours of direct labor at the rate of $16.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June The company plans to sell 32,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 540 and 120 units, respectively. Budgeted direct labor costs for June would be: Multiple Choice O ο ο ο 5504.500 $1,907,036 $1,869,536 51008.206
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