If budgeted total direct labour hours are 5500 and budgeted direct labour cost is $755000, then budgeted direct labour cost rate is
A. $138 per labour hour
B. $137.27 per hour
C. $140 per labour hour
D. $142 per labour hour
Answer: Option B
Solution(By Examveda Team)
Budgeted direct labour cost = Budgeted direct labour cost ÷ Budgeted total direct labour hours= $755000 ÷ 5500 = $137.27 per hour
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