Please answer ASAP and i will leave thumbs up! Seminole Corporation is...
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Accounting
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Seminole Corporation is a manufacturer of high-quality finance books. Each book requires 2 pounds of wood pulp and 5 ounces of ink. Wilco's policy is to keep 10 percent of the materials required for the following month's production in inventory at the end of each month. Wilco pays $10 per pound for wood pulp and $2 per ounce for ink. Seminole estimates production of 100,000 units in October, 120,000 units in November, and 140,000 units in December. They plan on ending September with 20,000 pounds of wood pulp and 100,000 ounces of ink in materials inventory. Seminole also budgets for each unit to require .5 hours of direct labor. What is Seminole's budgeted direct labor (in dollars) for October if Wilco pays $25 per hour for direct labor? Provide your answer as a whole number
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