4.4 Prepare a direct labor budget for each of the upcoming five years. Direct Labor Budget To determine how many labor hours will be required to create the items listed in the cost of production, the direct labor budget is used. A more intricate direct labor budget will compute both the overall number of hours required and the breakdown of those hours by labor type. Years Required production in 4200 units Direct labor hours per 0,25 unit Total direct labor- hours needed 2023 Direct labor cost per hour Total Direct Labor Cost 1,050 $32 $33600 2024 5200 0,25 1,300 $32 $41600 2025 6200 0,25 1,550 $32 2026 7200 0,25 1,800 $32 2027 8200 0,25 2,050 $32 $49600 $57600 $65600 Total 31000 0,25 7,750 $32 $248000

4.4 Prepare a direct labor budget for each of the upcoming five years. Direct Labor Budget To determine how many labor hours will be required to create the items listed in the cost of production, the direct labor budget is used. A more intricate direct labor budget will compute both the overall number of hours required and the breakdown of those hours by labor type. Years Required production in 4200 units Direct labor hours per 0,25 unit Total direct labor- hours needed 2023 Direct labor cost per hour Total Direct Labor Cost 1,050 $32 $33600 2024 5200 0,25 1,300 $32 $41600 2025 6200 0,25 1,550 $32 2026 7200 0,25 1,800 $32 2027 8200 0,25 2,050 $32 $49600 $57600 $65600 Total 31000 0,25 7,750 $32 $248000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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