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Jaybird Inc. produces leather handbags. The sales budget for the next four months is: July...

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Accounting

Jaybird Inc. produces leather handbags. The sales budget for the next four months is: July 5,900 units, August 7,400, September 7,800, October 8,200. Jaybird Inc.s ending finished goods inventory policy is 10% of the following months sales. Each handbag requires 2.1 hours of unskilled labor (paid $17 per hour) and 2.3 hours of skilled labor (paid $19 per hour). What will be the total labor cost for the month of August?

$588,566

$590,736

$32,736

$510,446

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