Mathematics · Budgeting
The budgeted production in a factory for the next period is 4,800 units. Each unit requires 5 labour hours to make. Labour is paid $10 per hour. If idle time represents 20% of the total labour time, what is the budgeted total labour cost for the next period?
- 1$300,000✓
- 2$288,000
- 3$240,000
- 4$192,000
Correct answer
$300,000
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