Honeysuckle Incorporated produces canvas bags. The production budget for the next four months is: July 7,500 units, August 4,600 units, September 6,400 units, and October 6,700 units. Each bag requires 3.0 hours of direct labor, which is paid at a rate of $21 per hour. Required Prepare a direct labor budget for the quarter ending September 30. Budgeted production (units) Direct labor requirements (hours) Total direct labor hours required Direct labor rate per hour Total budgeted direct labor Honeysuckle Incorporated Direct Labor Budget For the Quarter Ending September 30 July August September Total

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Honeysuckle Incorporated produces canvas bags. The production budget for the next four months is: July 7,500 units, August 4,600
units, September 6,400 units, and October 6,700 units. Each bag requires 3.0 hours of direct labor, which is paid at a rate of $21 per
hour.
Required
Prepare a direct labor budget for the quarter ending September 30.
Budgeted production (units)
Direct labor requirements (hours)
Total direct labor hours required
Direct labor rate per hour
Total budgeted direct labor
Honeysuckle Incorporated i
Direct Labor Budget
For the Quarter Ending September 30
July
August
September
Total
Transcribed Image Text:Honeysuckle Incorporated produces canvas bags. The production budget for the next four months is: July 7,500 units, August 4,600 units, September 6,400 units, and October 6,700 units. Each bag requires 3.0 hours of direct labor, which is paid at a rate of $21 per hour. Required Prepare a direct labor budget for the quarter ending September 30. Budgeted production (units) Direct labor requirements (hours) Total direct labor hours required Direct labor rate per hour Total budgeted direct labor Honeysuckle Incorporated i Direct Labor Budget For the Quarter Ending September 30 July August September Total
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