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21 October, 01:17

The manager reported the following information: Budgeted total direct-labor costs $14,000,000 Budgeted total indirect-labor costs $8,000,000 Budgeted total direct-labor hours 200,000 Compute the budgeted direct-labor cost rate per direct-labor hour.

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  1. 21 October, 01:32
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    budgeted direct-labor rate = $700 per direct labor hour

    Explanation:

    Giving the following information:

    Budgeted total direct-labor costs $14,000,000

    Budgeted total direct-labor hours 200,000

    To determine the direct-labor cost rate, we need to use the following formula:

    budgeted direct-labor rate = total amount of direct labor cost / total amount of direct labor hours

    budgeted direct-labor rate = 14,000,000/200,000 = $700 per direct labor hour
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Home » Business » The manager reported the following information: Budgeted total direct-labor costs $14,000,000 Budgeted total indirect-labor costs $8,000,000 Budgeted total direct-labor hours 200,000 Compute the budgeted direct-labor cost rate per direct-labor hour.
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