If budgeted total direct labour hours are 3800 and budgeted direct labour cost is $480000, then budgeted direct labour cost rate will be
A. $126.32 per labour hour
B. $128.32 per labour hour
C. $130 per labour hour
D. $132 per labour hour
Answer: Option A
Solution(By Examveda Team)
Budgeted direct labour cost rate = Budgeted direct labour cost ÷ Budgeted total direct labour hours= $480000 ÷ 3800 = $126.32 per labour hour
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion