FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Rubi, Inc. has the following production data for a new deluxe product in their quarterly budget:
Planned Production in Units:
.
• May: 850
⚫ June: 830
.
July: 1,300
Rubi also produces each month 6,600 units of its standard product. It takes 2 direct labor hours to produce each standard
unit and 6 direct labor hours to produce each deluxe unit. Rubi's cost per direct labor hour is $20. Direct labor cost for July
would be budgeted at:
Select one:
O A. $420,000
O B. $948,000
O C. $891,600
OD. $363,600
O E. $316,000
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Transcribed Image Text:Rubi, Inc. has the following production data for a new deluxe product in their quarterly budget: Planned Production in Units: . • May: 850 ⚫ June: 830 . July: 1,300 Rubi also produces each month 6,600 units of its standard product. It takes 2 direct labor hours to produce each standard unit and 6 direct labor hours to produce each deluxe unit. Rubi's cost per direct labor hour is $20. Direct labor cost for July would be budgeted at: Select one: O A. $420,000 O B. $948,000 O C. $891,600 OD. $363,600 O E. $316,000
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