GeorgianFrenchFlorentineProvincial30020050JanuaryFebruaryMarch4503208052043080450100AprilМay520640560130June950600150The direct labor time required for one person to produce each unit ofproduct has been estimated as follows:Georgian3 hoursFrench Provincial5 hoursFlorentine6 hoursREQUIRED:1. Prepare a budget of direct labor hours for each month and convert it into abudget of direct labor cost.2. How many employees will be needed for production each month? How manywill be regular, temporary full-time, and temporary part-time. How manynew recruits are needed also every month? Irene Corporation manufactures three lines of decorative cabinets forstereo and television sets. Skill is required of the workers and it is not easy tohire persons qualified for the work. At the present time, there are 15 qualifiedemployees (all regular workers) available for this type of work and newpersonnel are to be hired and trained for the busy first six months of 2021. Eachemployee works approximately 150 hours a month and is paid the rate of P100per hour.Production plans based on anticipated sales demand, are given next pagein units for each of the three lines of cabinets.

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Georgian French Florentine Provincial 300 200 50 January February March 450 320 80 520 430 80 450 100 April May June 520 640 560 130 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: Georgian 3 hours French Provincial 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for each month and convert it into a budget of direct labor cost.

Georgian French Florentine Provincial 300 200 50 January February March 450 320 80 520 430 80 450 100 April May June 520 640 560 130 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: Georgian 3 hours French Provincial 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for each month and convert it into a budget of direct labor cost.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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