The LFM Company Makes and Sells a Single Product: Product

question 89

Multiple Choice

The LFM Company makes and sells a single product: Product T. Each unit of Product T requires 1.3 hours of labour at a labour rate of $9.10 per hour. LFM Company needs to prepare a Direct Labour Budget for the second quarter of next year.
-What would be the budgeted direct labour cost per unit of Product T?

• A) $7.00.
• B) $9.10.
• C) $10.40.
• D) $11.83.

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Definitions:

Channel

The medium through which a message is transmitted from sender to receiver, such as spoken word, writing, or digital communication.

Outperform

To do better than others or exceed expectations in a particular task or performance metric.

Mobile Communication

The transmission of information over a distance without the need for wires, cables, or fixed installations, typically through mobile devices.

Message Richness

The degree to which a communication medium is capable of reproducing all the nuances and subtleties of the messages sent through it.