Stevenson Inc. budgeted production of 39,000 personal journals in 20Y6. Each journal requires assembly. Assume that 20 minutes are required to assemble each journal. If assembly labor costs $16 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar. $____________

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
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Problem 4BE: Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires...
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Stevenson Inc. budgeted production of 39,000 personal journals in 20Y6. Each journal requires assembly. Assume that 20 minutes are required to assemble each journal.

If assembly labor costs $16 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.

$____________

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