1 | |||||
1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Year | |
Required production in units | 10800 | 8500 | 7100 | 11200 | 37600 |
Direct labor time per unit (hours) | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
Total direct labor-hours needed | 2700 | 2125 | 1775 | 2800 | 9400 |
Direct labor cost per hour | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
Total direct labor cost | 54000 | 42500 | 35500 | 56000 | 188000 |
2 | |||||
1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Year | |
Required production in units | 10800 | 8500 | 7100 | 11200 | 37600 |
Direct labor time per unit (hours) | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
Total direct labor-hours needed | 2700 | 2125 | 1775 | 2800 | 9400 |
Regular hours | 2500 | 2500 | 2500 | 2500 | 10000 |
Overtime hours | 200 | 0 | 0 | 300 | 500 |
Wages for regular hours | 50000 | 50000 | 50000 | 50000 | 200000 |
Overtime wages | 6000 | 0 | 0 | 9000 | 15000 |
Total direct labor cost | 56000 | 50000 | 50000 | 59000 | 215000 |
Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,800 8,500 7,100 11,200...
The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 2nd 1st Quarter Quarter 10,800 8,500 3rd Quarter 7 100 4th Quarter 11,200 Units to be produced Each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour Required: 1. Complete the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the...
The production manager of Rordan Corporation has submitted the
following forecast of units to be produced by quarter for the
upcoming fiscal year:
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 10,600 2nd Quarter 8,000 Units to be produced 3rd Quarter 8,300 4th Quarter 10,600 Each unit requires 0.25 direct labor-hours, and direct laborers are paid $16.00 per hour. Required: 1. Prepare the company's direct labor budget for...
The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,500 Units to be produced 7,600 9,200 7,000 Each unit requires 0.35 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Complete the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number...
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year. Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,000 7,000 7,500 8,400 Each unit requires 0.45 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce...
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,400 6,500 7,200 8,100 Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce...
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 9,000 2nd Quarter 7,000 3rd Quarter 7,500 4th Quarter 8,400 Units to be produced Each unit requires 0.45 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce...
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 9,400 2nd Quarter 7,000 3rd Quarter 7,700 4th Quarter 10,000 Units to be produced Each unit requires 0.25 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce...
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,000 6,500 7.000 7.500 Each unit requires 0.35 direct labor-hours, and direct laborers are paid $12.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce...
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 10,800 9,600 9,908 10,780 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.50 per direct labor-hour and its total fixed manufacturing overhead is $76,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $19,000 per quarter Required 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year 2 Compute...
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 11,200 8,500 8,600 10,900 Each unit requires 0.55 direct labor-hours, and direct laborers are paid $16.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce...