Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first three months of the coming year is: 11eb8015_7e7d_4771_8ffe_b369e0189455_SM1597_00 Each drum of industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour. Required: Prepare a direct labor budget for the months of January, February, and March, as well as the total for the first quarter.

Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

Edition 4ISBN: 978-0324380767

Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

Edition 4ISBN: 978-0324380767

Exercise 59

Preparing a Direct Labor Budget
Patrick Inc. makes industrial solvents. Planned production in units for the first three months of the coming year is:

Each drum of industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour.
Required:
Prepare a direct labor budget for the months of January, February, and March, as well as the total for the first quarter.

Explanation

Verified

The following table exhibits t...