Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $21 per hour. The total cost of direct labor budgeted for the month of August is:
A. $82,950.
B. $3,950.
C. $4,050.
D. $85,050.
E. $168,000.
Answer: D
You might also like to view...
Which of the following is true?
a. REA diagram entities are arranged in constellations by entity class. b. ER diagrams present a static picture of the underlying business phenomena c. Events entity names in REA diagrams are in the verb form d. All of the above are true statements
In accounting for a long-term construction contract for which there is a projected profit, the balance in the Construction in Progress account at the end of the first year of work using the percentage-of-completion method would be
a. zero. b. the same as the completed-contract method. c. higher than the completed-contract method. d. lower than the completed-contract method.
The hub of retailing in a city is considered to be the _____
a. central business district b. neighborhood business district c. secondary business district d. string
Which turnoff occurrences are most often associated with poor customer service?
A. value turnoffs B. system turnoffs C. people turnoffs D. all of the above