FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The production manager of Rordan Corporation has submitted the following quarterly production
|
|
1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
|
Units to be produced |
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:
- Prepare the company’s direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)
Transcribed Image Text:The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:
1st Quarter
8,400
2nd Quarter
6,500
3rd Quarter
7,200
4th Quarter
8,100
Units to be produced
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.)
Rordan Corporation
Direct Labor Budget
1st Quarter 2nd Quarter
3rd Quarter
4th Quarter
Year
Direct labor time per unit (hours)
Total direct labor-hours needed
Direct labor cost per hour
Total direct labor cost
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