Figure 3-5
Longberry Corporation manufactures and sells party items. The following representative direct labor hours and production costs are provided for a four-month period:

-Refer to Figure 3-5. Predict a cost for 5,000 labor hours.
A) $17,900
B) $17,700
C) $16,667
D) $30,400

Question

Figure 3-5
Longberry Corporation manufactures and sells party items. The following representative direct labor hours and production costs are provided for a four-month period:
 
-Refer to Figure 3-5. Predict a cost for 5,000 labor hours.
A) $17,900 
B) $17,700 
C) $16,667 
D) $30,400

Quizplus · Accepted Answer

The correct answer is A because the cost per labor hour is $3.58, so the cost for 5,000 labor hours would be $3.58 * 5,000 = $17,900.

Figure 3-5 Longberry Corporation Manufactures and Sells Party Items. the Following Representative