Neely, Inc._direct labor budget_Year December 31, 2012

Question # 00003779 Posted By: ACCOUNTS_GURU Updated on: 11/20/2013 01:12 AM Due on: 12/31/2013
Subject Accounting Topic Accounting Tutorials:
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Neely, Inc., is preparing its direct labor budget for 2012 from the following production budget based on a calendar year.
Quarter Units Quarter Units
1 20,000 3 35,000
2 25,000 4 30,000
Each unit requires 1.6 hours of direct labor.
Complete the direct labor budget for 2012. Wage rates are expected to be $15 for the first 2 quarters and $16 for quarters 3 and 4.

NEELY, INC.
Direct Labor Budget
For the Year Ending December 31, 2012

Quarter
1 2 3 4 Year
Units to be produced
Direct labor time (hours) per unit × × × ×
Total required direct labor hours
Direct labor cost per hour × $ × $ × $ × $
Total direct labor cost $ $ $ $ $

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  1. Tutorial # 00003585 Posted By: ACCOUNTS_GURU Posted on: 11/20/2013 01:14 AM
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