Yeaman Company expects to produce 1,770 units in January and 1,885 units in Febr

Question

Yeaman Company expects to produce 1,770 units in January and 1,885 units in February. Yeaman budgets two direct labor hours per unit. Direct labor costs average $12 per hour. Prepare Yeaman's direct labor budget for January and February. Begin by preparing the direct labor budget for January and February through the total direct labor hours needed for production Yeaman Company Direct Labor Budget Two Months Ended January 31 and February 28 January February Direct labor hours needed for production Budgeted direct labor cost

Explanation / Answer

Yeaman Company Direct Labor Budget Two Month ended January 31 and February 28 S.No Particulars January February (a) Budgeted production Units 1770 1885 (b) Labour Hours required per unit 2 2 (c ) Direct Labor hours needed for Production [(a)*(b)] 3540 3770 (d) Direct Labor cost per hour 12 12 (e ) Budgeted Labor Cost [ (c ) *(d)] 42480 45240

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.