The production budget for Manner Company shows units to produce as follows: July, 650; August, 710; and September, 570. Each unit produced requires one hour of direct labor. The direct labor rate is budgeted at $17 per hour in July and August, but is budgeted to be $17.75 per hour in September.Prepare a direct labor budget for the months July, August, and September.**Table: Manner Company - Direct Labor Budget**| | July | August | September ||----------------|------|--------|-----------|| Units to produce | 650 | 710 | 570 || Direct labor hours needed | | | || Cost of direct labor | | | |- **Units to produce**: This row indicates the number of units that Manner Company plans to produce each month.- **Direct labor hours needed**: This row will be filled with the same numbers as units to produce, since each unit requires one hour of direct labor.- **Cost of direct labor**: This row is calculated by multiplying direct labor hours by the hourly wage for each month. For July and August, the rate is $17, while in September, it is $17.75.

The production budget for Manner Company shows units to produce as follows: July, 650; August, 710; and September, 570. Each unit produced requires one hour of direct labor. The direct labor rate is budgeted at $17 per hour in July and August, but is budgeted to be $17.75 per hour in September. Prepare a direct labor budget for the months July, August, and September. Units to produce Direct labor hours needed Cost of direct labor MANNER COMPANY Direct Labor Budget July 650 August 710 September 570 units

The production budget for Manner Company shows units to produce as follows: July, 650; August, 710; and September, 570. Each unit produced requires one hour of direct labor. The direct labor rate is budgeted at $17 per hour in July and August, but is budgeted to be $17.75 per hour in September. Prepare a direct labor budget for the months July, August, and September. Units to produce Direct labor hours needed Cost of direct labor MANNER COMPANY Direct Labor Budget July 650 August 710 September 570 units

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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