Lhu corporation makes and sells a product called product wz, Finance Basics

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Lhu corporation makes and sells a product called product wz

Question: LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.1 hours of direct labor at the rate of $27.00 per direct labor-hour.

The company plans to sell 50,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 620 and 180 units, respectively. Budgeted direct labor costs for June would be: (Do not round intermediate calculations.)

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