Sthilaire Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.48 direct labor-hours. The direct labor rate is $9 per direct labor-hour. The production budget calls for producing 7,500 units in April and 7,400 units in May. The direct labor workforce is fully adjusted each month to the required workload. Required: Prepare the direct labor budget for the next two months. (Round "labor-hours per unit" answers to 2 decimal places.)
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.
4)
Sthilaire Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.48 direct labor-hours. The direct labor rate is $9 per direct labor-hour. The production budget calls for producing 7,500 units in April and 7,400 units in May. The direct labor workforce is fully adjusted each month to the required workload.
Required:
Prepare the direct labor budget for the next two months. (Round "labor-hours per unit" answers to 2 decimal places.)
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