Flint Company is preparing its direct labor budget for 2022 from the following production budget based on a calendar year Quarter Units 59,000 2. 30,000 47,000 4 73.000 Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $22 per hour on October 1. Prepare a direct labor budget for 2022. FLINT COMPANY Direct Labor Budget Second Third First Quarter Quarter Quarter FLINT COMPANY Direct Labor Budget Second Third Fourth Quarter Quarter Quarter Total

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Flint Company is preparing its direct labor budget for 2022 from the following production budget based on a calendar year
Quarter
Units
1.
59,000
2.
30,000
3.
47,000
4.
73.000
Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $22 per hour on October 1.
Prepare a direct labor budget for 2022.
FLINT COMPANY
Direct Labor Budget
Second
Third
First
Quarter
Quarter
Quarter
FLINT COMPANY
Direct Labor Budget
Second
Third
Fourth
Quarter
Quarter
Quarter
Total
Transcribed Image Text:Flint Company is preparing its direct labor budget for 2022 from the following production budget based on a calendar year Quarter Units 1. 59,000 2. 30,000 3. 47,000 4. 73.000 Each unit requires 2 hours of direct labor. The union contract provides for a 10% increase in wage rate to $22 per hour on October 1. Prepare a direct labor budget for 2022. FLINT COMPANY Direct Labor Budget Second Third First Quarter Quarter Quarter FLINT COMPANY Direct Labor Budget Second Third Fourth Quarter Quarter Quarter Total
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