The LFM Company makes and sells a single product, Product T. Each unit of Product T requires 1.3 hours of direct labor at a rate of $9.10 per direct labor-hour. LFM Company needs to prepare a Direct Labor Budget for the second quarter of next year.
-The budgeted direct labor cost per unit of Product T would be:

Question

Quizplus · Accepted Answer

The budgeted direct labor cost per unit is calculated by multiplying the direct labor hours required per unit (1.3 hours) by the direct labor rate per hour ($9.10), which equals $11.83.

The LFM Company Makes and Sells a Single Product, Product