Stevenson Inc. budgeted production of 27,000 personal journals in 20Y6. Each journal requires assembly. Assume that four minutes are required to assemble each journal. If assembly labor costs $9.75 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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Stevenson Inc. budgeted production of 27,000 personal journals in 20Y6. Each journal requires assembly. Assume that four minutes are required to assemble each journal.

If assembly labor costs $9.75 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.

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