The Direct Labor Budget - Part 4 A B C D E G H 1234567 April May June Quarter Units of production 26,000 46,000 29,000 101,000 Direct labor time per unit Labor hours required 0.05 0.05 0.05 0.05 1,300 2,300 1,450 5,050 Hourly wage rate $ 10 $ 10 $ 10 $ 10 Total direct labor costs $ 13,000 $ 23,000 $ 14,500 $ 50,500 8 CMcGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction further distribution permitted without the prior written consent of McGraw-Hill Education. Quick Check 5 What would be the total direct labor cost for the quarter if the company pays time and one-half ($10 x 1.5 $15) for all hours worked by employees over 2,000 per month. a. $51,700 b. $52,000 c. $53,250 d. $57,000 8-52

The Direct Labor Budget - Part 4 A B C D E G H 1234567 April May June Quarter Units of production 26,000 46,000 29,000 101,000 Direct labor time per unit Labor hours required 0.05 0.05 0.05 0.05 1,300 2,300 1,450 5,050 Hourly wage rate $ 10 $ 10 $ 10 $ 10 Total direct labor costs $ 13,000 $ 23,000 $ 14,500 $ 50,500 8 CMcGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction further distribution permitted without the prior written consent of McGraw-Hill Education. Quick Check 5 What would be the total direct labor cost for the quarter if the company pays time and one-half ($10 x 1.5 $15) for all hours worked by employees over 2,000 per month. a. $51,700 b. $52,000 c. $53,250 d. $57,000 8-52

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A9