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Stevenson Publishers Inc. budgeted production of 27,000 diaries in 2016. Each diary requires assembly. Assume...

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Accounting

Stevenson Publishers Inc. budgeted production of 27,000 diaries in 2016. Each diary requires assembly. Assume that 20 minutes are required to assemble each diary. If assembly labor costs $16.5 per hour, determine the direct labor cost budget for 2016. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar. $

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