The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year. Units to be produced 1st Quarter 8,400 2nd Quarter 6,500 3rd Quarter 4th Quarter 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. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Inin 1st Quarter Rordan Corporation Direct Labor Budget 2nd Quarter 3rd Quarter 4th Quarter Year

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
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The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:
Units to be produced
2nd Quarter
6,500
3rd Quarter 4th Quarter
7,200
8,100
Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 per hour.
1st Quarter:
8,400
Required:
1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2
decimal places.)
Direct labor time per unit (hours).
Total direct labor-hours needed
Direct labor cost per hour
Total direct labor cost
1st Quarter
Rordan Corporation
Direct Labor Budget
2nd Quarter
3rd Quarter 4th Quarter
Year
Transcribed Image Text:The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Units to be produced 2nd Quarter 6,500 3rd Quarter 4th Quarter 7,200 8,100 Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 per hour. 1st Quarter: 8,400 Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Direct labor time per unit (hours). Total direct labor-hours needed Direct labor cost per hour Total direct labor cost 1st Quarter Rordan Corporation Direct Labor Budget 2nd Quarter 3rd Quarter 4th Quarter Year
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