LFM Corporation makes and sells a product called Product WZ. Each unit of Produc

Question

LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.3 hours of direct labor at the rate of $29.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.
The company plans to sell 36,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 580 and 160 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.) LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.3 hours of direct labor at the rate of $29.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.
The company plans to sell 36,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 580 and 160 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.) LFM Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.3 hours of direct labor at the rate of $29.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.
The company plans to sell 36,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 580 and 160 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.)

Explanation / Answer

note:

first let us know the amount of units to be produced in JUne.

now,

the following is the Direct labour budget for the month of june:

estimated sales units 36,000 units estimated closing inventory of finished goods 160 units less: opening inventory of finished goods (580 units) units to be produced in June 35,580 units

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