Swift Corporation's budgeted sales for the upcoming quarter are 100,000 units. The company desires 5,000 units of inventory at the end of the upcoming quarter, and its beginning inventory is 10,000 units. Each unit that the company produces requires 0.25 direct labor hours at an average rate of $24 per hour. The company's direct labor budget for the upcoming quarter is $.

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The company's direct labour budget for the upcoming quarter is $

Blank 1: 570000.

What is budget?

A budget is a calculating play, typically financial but not always, for a specific time frame, typically one year or a month. Predicted sales and revenue amounts, resource quantities (such as time, costs, and expenses), environmental impacts (such as greenhouse gas emissions), other impacts, assets, liabilities, and cash flows are all possible inclusions in a budget. Budgets are a quantitative way for businesses, governments, families, and other groups to articulate their strategic plans of action. In a budget, intended expenses are expressed together with suggestions for how to fund them. A budget can show a surplus of resources for later use or a deficit if expenses are greater than income or other resources.

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