Business, 19.03.2020 09:09 mitch80

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 6,900 units, but its actual level of activity was 6,850 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:
Data used in budgeting:

Fixed element per month Variable element per unit
Revenue - $34.40
Direct labor $0 $6.40
Direct materials 0 14.00
Manufacturing overhead 39,000 1.90
Selling and administrative expenses 25,700 4.00
Total expenses $64,700 $26.30

Actual results for May:
Revenue $236,700
Direct labor $43,370
Direct materials $96,930
Manufacturing overhead $44,500
Selling and administrative expenses $30,490

Required:
The direct labor in the planning budget for May would be closest to .

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Piechocki Corporation manufactures and sells a single product. The company uses units as the measure...

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