Branson Belts makes handcrafted belts. The company budgets production of 364,950 belts during the second quarter. Each belt requires 3.00 direct labor hours, at a cost of $19.00 per hour. Prepare a direct labor budget for the second quarter. Units to produce Direct labor hours needed Cost of direct labor BRANSON BELTS Direct Labor Budget Second Quarter 364,950 units
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
![Branson Belts makes handcrafted belts. The company budgets production of 364,950 belts during the second
quarter. Each belt requires 3.00 direct labor hours, at a cost of $19.00 per hour.
Prepare a direct labor budget for the second quarter.
Units to produce
Direct labor hours needed
Cost of direct labor
BRANSON BELTS
Direct Labor Budget
Second Quarter
364,950 units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F231fae22-ac62-4382-9eb0-95d912af77d1%2F9e36cfb6-74af-4e69-81db-141443fb86cd%2F2tvgc3l_processed.png&w=3840&q=75)
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