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Business, 04.04.2020 01:34 earcake8692

Dominion Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the three product models: the Economy, the Standard, and the Premium models. The company is currently analyzing direct labor hour requirements for the upcoming year.
Cutting Assembly
Estimated hours per unit:
Economy 1.22.8
Standard 1.32.2
Premium 1.42.1
Direct labor hour rate$10$12
Budgeted unit production for each of the products is as follows:
Number of units to be produced
Product model:
Economy 510
Standard 700
Premium 860
Requirement
Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for each department and for the company as a whole.

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