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:57:08 Smith Corporation makes and sells a single product called a Pod. Each Pod requires 1.7...

:57:08

Smith Corporation makes and sells a single product called a Pod. Each Pod requires 1.7 direct labor-hours at $9.90 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. Smith Corporation is preparing a Direct Labor Budget for the second quarter of the year.

In June the company has budgeted to produce 22,300 Pods. Budgeted direct labor costs incurred in June would be: (Round your intermediate calculations to 2 decimal places.)

Garrison 16e Rechecks 2017-10-03

Multiple Choice

  • $220,770

  • $552,412

  • $256,680

  • $375,309

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Answer #1

Correct answer----------$375,309

Working

Labor budget for June
Budgeted production (In units) 22300
Multiplied by hours per unit 1.7
Total hours required 37910
Multiplied by cost per hour $                 9.90
Total labor cost $    375,309.00
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