Sheridan and Ellie's Painting Service estimates that it will paint 14 small homes, 5 medium homes, and 2 large homes during the month of June 2022. The company estimates its direct labor needs as 44 hours per small home, 83 hours for a medium home, and 122 hours for a large home. Its average cost for direct labor is $22 per hour. Prepare a direct labor budget for Sheridan and Ellie's Painting Service for June 2022. V $ $ Small SHERIDAN and Ellie's Painting Service Direct Labor Budget $ 5 Medium $ Large
Sheridan and Ellie's Painting Service estimates that it will paint 14 small homes, 5 medium homes, and 2 large homes during the month of June 2022. The company estimates its direct labor needs as 44 hours per small home, 83 hours for a medium home, and 122 hours for a large home. Its average cost for direct labor is $22 per hour. Prepare a direct labor budget for Sheridan and Ellie's Painting Service for June 2022. V $ $ Small SHERIDAN and Ellie's Painting Service Direct Labor Budget $ 5 Medium $ Large
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Sheridan and Ellie's Painting Service estimates that it will paint 14 small homes, 5 medium homes, and 2 large homes during the month
of June 2022. The company estimates its direct labor needs as 44 hours per small home, 83 hours for a medium home, and 122 hours
for a large home. Its average cost for direct labor is $22 per hour.
Prepare a direct labor budget for Sheridan and Ellie's Painting Service for June 2022.
V
$
$
Small
SHERIDAN and Ellie's Painting Service
Direct Labor Budget
$
Medium
$
Large
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