true
Direct labor budget tells the management that how much direct labor is required to finish the production of units.
Direct labor budget is used for controlling purpose as it tells that how much direct labor is required for specific job to be complete.
Direct labor budget is prepared during planning stage before the actual production starts.
NONE
The production budget needs to be exploded into budgets for direct material, direct labor, and manufacturing overhead.
Direct labor budget tells the management that how much direct labor is required to finish the production of units.
Direct labor budget is used for controlling purpose as it tells that how much direct labor is required for specific job to be complete.
Direct labor budget is prepared during planning stage before the actual production starts.
Production Budget
production budget
NONE
The production budget needs to be exploded into budgets for direct material, direct labor, and manufacturing overhead.
Direct labor budget utilized to compare the actual direct labor cost and standard cost for specific task and for controlling purpose so that if there are variances those variances could be eliminated to bring the actual cost to budgeted cost.
Direct labor which do not vary with level of production is fixed direct labor while labor vary with change in production is variable direct labor.
The Production Budget for Labor Day was $18,000,000.
The budget of Oklahoma Department of Labor is 7,300,000 dollars.
Average direct labor cost is the opening direct labor cost + closing direct labor cost / 2