Question 1 For Gundy Company, units to be produced are 5,440 in quarter 1 and 6,
ID: 2545604 • Letter: Q
Question
Question 1 For Gundy Company, units to be produced are 5,440 in quarter 1 and 6,500 in quarter 2. It takes 2.0 hours to make a finished unit, and the expected hourly wage rate is $16 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2017. GUNDY COMPANY Direct Labor Budget 2 Six Months Total Pounds Required for Production Units to be Produced Total Materials Required Direct Labor Time Per Unit Total Required Direct Labor Hours Beginning Materials Inventory Cost Per Pound Desired Ending Inventory Direct Materials Per Unit Direct Labor Cost Per Hour Total Cost of Direct Materials Purchases Direct Materials Purchases Total Direct Labor Cost Question Attempts: 0 of 1 used SAVE FOR LATER MIT ANSWERExplanation / Answer
As multiple questions have been asked, only one can be answered at a time. 1 2 Year Units to be produced 5440 6500 Direct labor time per unit 2 2 Total required direct labor hours 10880 13000 Direct labor cost per hour 16 16 Total direct labor cost 174080 208000 382080
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