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
Join The Discussion