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The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rate of $10.50 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. LFH Corporation needs to prepare a Direct Labor Budget for the second quarter of next year.The budgeted direct labor cost per unit of Product T is closest to:
Cheerfulness
The quality of being noticeably happy and optimistic.
Talkativeness
The condition or quality of being inclined to talk a lot or engage in conversation frequently.
Imagination
The ability of the mind to be creative or resourceful, forming images or concepts of external objects not present to the senses.
Intelligence
The capacity for learning, understanding, and applying knowledge, as well as the ability to engage in abstract thinking and reasoning.
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