Nevis' production data for a new deluxe product were taken from the most recent quarterly production budget: July August September 600 480 500 Planned production in units In addition, Nevis produces 4,000 units a month of its standard product. It takes two direct labor hours to produce each standard unit and 2.25 direct labor hours to produce each deluxe unit. Nevis' cost per labor hour is $15. Direct labor cost for August would be budgeted at: Multiple Choice O $140,250. $136,875. $150,000. $153,000.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Nevis' production data for a new deluxe product were taken from the most recent quarterly production budget:
July August September
600
480
500
Planned production in units
In addition, Nevis produces 4,000 units a month of its standard product. It takes two direct labor hours to produce each standard unit and 2.25 direct
labor hours to produce each deluxe unit. Nevis' cost per labor hour is $15. Direct labor cost for August would be budgeted at:
Multiple Choice
O
$140,250.
$136,875.
$150,000.
$153,000.
Transcribed Image Text:Nevis' production data for a new deluxe product were taken from the most recent quarterly production budget: July August September 600 480 500 Planned production in units In addition, Nevis produces 4,000 units a month of its standard product. It takes two direct labor hours to produce each standard unit and 2.25 direct labor hours to produce each deluxe unit. Nevis' cost per labor hour is $15. Direct labor cost for August would be budgeted at: Multiple Choice O $140,250. $136,875. $150,000. $153,000.
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