The LFM Company makes and sells a single product, Product T. Each unit of Product...
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Accounting
The LFM Company makes and sells a single product, Product T. Each unit of Product T requires 1.3 hours of direct labor at a rate of $9.10 per direct-labor hour. LFM Company needs to prepare a direct-labor budget for the second quarter of next year. The budgeted direct-labor cost per unit of Product T would be A. $9.10. B. $7.00. C. $10.40. D. $11.83. **Please SHOW HOW to get this
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