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The budgeted production of Taurus, Inc. is 10,000 units per month. Each unit requires 40...

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Accounting

The budgeted production of Taurus, Inc. is 10,000 units per month. Each unit requires 40 minutes of direct labor to complete. The direct labor rate is $70 per hour. Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)

A. $266,667

B. $466,667

C. $17,500

D. $700,000

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