Coronado Industriesis planning to sell 600 buckets and produce 1180 buckets during March. Each bucket...
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Coronado Industriesis planning to sell 600 buckets and produce 1180 buckets during March. Each bucket requires 300 grams of plastic and one-half hour of direct labor. Plastic costs $10 per 300 grams and employees of the company are paid $19 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Coronado has 700 kilos of plastic in beginning inventory and wants to have 100 kilos in ending inventory. How much is the total amount of budgeted direct labor for March?
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