Three Bears Manufacturing produces an autominus−quartz watch movement called OM362. Three Bears expects to sell 19,000 units of OM362 and to have an ending finished inventory of 7,000 units.Currently, it has a beginning finished inventory of 1,300 units. Each unit of OM362 requires two labor operations,three laborhour(s) of assembling and threelabor hour(s) of polishing. The direct labor rate for assembling is $13.00 per assembling hour and the direct labor rate for polishing is$14.50per polishing hour. The expected cost of direct labor for OM362 is ________.
Three Bears Manufacturing produces an autominus−quartz watch movement called OM362. Three Bears expects to sell 19,000 units of OM362 and to have an ending finished inventory of 7,000 units.Currently, it has a beginning finished inventory of 1,300 units. Each unit of OM362 requires two labor operations,three laborhour(s) of assembling and threelabor hour(s) of polishing. The direct labor rate for assembling is $13.00 per assembling hour and the direct labor rate for polishing is$14.50per polishing hour. The expected cost of direct labor for OM362 is ________.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Three Bears Manufacturing produces an autominus−quartz watch movement called OM362. Three Bears expects to sell 19,000 units of OM362 and to have an ending finished inventory of 7,000 units.Currently, it has a beginning finished inventory of 1,300 units. Each unit of OM362 requires two labor operations,three laborhour(s) of assembling and threelabor hour(s) of polishing. The direct labor rate for assembling is $13.00 per assembling hour and the direct labor rate for polishing is$14.50per polishing hour.
The expected cost of direct labor for OM362 is ________.
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