Question

Concord Corporation is preparing its direct labor budget for May. Projections for the month are that 34400 units are to be produced and that direct labor time is three hours per unit. If the labor cost per hour is $15, what is the total budgeted direct labor cost for May?

Answer 1

$1,548,000

Step-by-step explanation:

The computation of the total budgeted direct labor cost is shown below:

= Number of units to be produced × number of hours per unit × labor cost per hour

= 34,400 units × 3 hours × $15

= $1,548,000

We simply multiplied the number of units to be produced with the number of hours per unit and the labor cost per hour so that the accurate amount can come