Accounting · Material and Labour Budgeting
House Co. plans to manufacture 90 sofas in June. Below are extracts from the cost card for a sofa: - Materials: 10 m² of fabric @ $50 per m² - Assembly labour: 8 hours @ $15 per hour How many metres of fabric should be purchased if 10% of material is wasted during the production process, and how much should be budgeted for labour for sofa production in June?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(i) 900 m², (ii) $10,800
- 2(i) 1,000 m², (ii) $10,700
- 3(i) 1,000 m², (ii) $10,800✓
- 4(i) 1,100 m², (ii) $12,000
Correct answer
(i) 1,000 m², (ii) $10,800
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