Erics Manufacturing Limited has provided you with the following information: Units to be produced:...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Erics Manufacturing Limited has provided you with the following information:
- Units to be produced: July 10,000; August 15,000; September 8,000
- Each unit requires .5 direct labour hours and the direct labour rate is $20/hour.
- The company has a no lay off policy so all employees are paid for 40 hours per week
- In exchange for the no layoff policy, workers agree to a wage rate of $20 per hour regardless of the hours worked (no overtime pay).
- For the next three months, the direct labour workforce will be paid for a minimum of 5,000 hours per month
Required: Prepare the direct labour budget for July, August & September 2021 for Erics Manufacturing Limited.
The following is a partial template for the direct labour budget:
|
| July | August | September | Quarter |
| Units to be produced |
|
|
|
|
| Direct labour per unit |
|
|
|
|
| Total direct labour hours needed |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Direct labour cost per hour |
|
|
|
|
| Total direct labour cost |
|
|
|
|
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.