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Haygood, Inc

Question 173

Essay

Haygood, Inc.is a manufacturer of cast iron fire pits.Budgeted production is 20,000 units for January and 18,000 for February and 15,000 for March.The manufacturing process is highly automated but requires ¼ hour of direct labor time for each unit.The standard wage rate is $10.
Required:
Prepare a direct labor budget for the first quarter.

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