LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ...
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Accounting
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.9 hours of direct labor at the rate of $18.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 30,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 520 and 100 units, respectively. Budgeted direct labor costs for June would be: Multiple Choice $2,095,266 $532,500 $2.076,516
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