Ask Question
5 March, 01:20

The manager reported the following information: Budgeted total direct-labor costs $14,000,000 Budgeted total indirect-labor costs $8,000,000 Budgeted total direct-labor hours 200,000 Compute the budgeted direct-labor cost rate per direct-labor hour.

+2
Answers (1)
  1. 5 March, 01:39
    0
    budgeted direct-labor rate = $700 per direct labor hour

    Explanation:

    Giving the following information:

    Budgeted total direct-labor costs $14,000,000

    Budgeted total direct-labor hours 200,000

    To determine the direct-labor cost rate, we need to use the following formula:

    budgeted direct-labor rate = total amount of direct labor cost / total amount of direct labor hours

    budgeted direct-labor rate = 14,000,000/200,000 = $700 per direct labor hour
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The manager reported the following information: Budgeted total direct-labor costs $14,000,000 Budgeted total indirect-labor costs ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers