Ask Question
22 July, 06:24

A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5

hours of labor to produce. The average labor rate is $15 per hour. The total cost of direct labor for the

month will be $

+4
Answers (1)
  1. 22 July, 06:40
    0
    The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

    Explanation:

    The given is,

    Total units produced in a month

    = 940 unit per month

    Time for each unit

    = 3.5 unit per hour

    Labor rate = $15 per hour

    Step:1

    Total Labor working hours for 940 units,

    = Total units * Time for each unit

    = 940 * 3.5

    = 3290 hours

    Step:2

    Labor cost total working hours

    = Total Labor working hours * Labor cost per hour

    = 3290 * 15

    = $ 49350

    Result:

    The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5 hours of labor to produce. The average ...” 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