3 Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6] The Production Department of Hruska 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 10,200 9,200 12,200 Units to be produced 11,200 Each unit requires 0.25 direct labor-hours and direct laborers are paid $11.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $82,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $22,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. 2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Req 2 and 3 Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a whole. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter. Req 1 Total direct labor cost C Reg 1 Req 2 and 3> Year
3 Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6] The Production Department of Hruska 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 10,200 9,200 12,200 Units to be produced 11,200 Each unit requires 0.25 direct labor-hours and direct laborers are paid $11.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $82,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $22,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. 2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Req 2 and 3 Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a whole. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter. Req 1 Total direct labor cost C Reg 1 Req 2 and 3> Year
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please do not give solution in image format thanku
![3
Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6]
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the
upcoming fiscal year:
Units to be produced
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
10,200
9,200
12,200
11,200
Each unit requires 0.25 direct labor-hours and direct laborers are paid $11.00 per hour.
In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $82,000 per
quarter. The only noncash element of manufacturing overhead is depreciation, which is $22,000 per quarter.
Required:
1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole.
2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing
overhead for each quarter of the upcoming fiscal year and for the year as a whole.
Complete this question by entering your answers in the tabs below.
Req 2 and 3
Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a
whole. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)
1st Quarter
3rd Quarter 4th Quarter.
Req 1
Total direct labor cost
2nd Quarter
C Reg 1
Req 2 and 3>
Year](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad707d33-c7d8-4d77-9771-bce931d87008%2Fbfae602c-b2a6-4623-aa76-e5a43bae5706%2Fvdm30o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:3
Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6]
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the
upcoming fiscal year:
Units to be produced
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
10,200
9,200
12,200
11,200
Each unit requires 0.25 direct labor-hours and direct laborers are paid $11.00 per hour.
In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $82,000 per
quarter. The only noncash element of manufacturing overhead is depreciation, which is $22,000 per quarter.
Required:
1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole.
2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing
overhead for each quarter of the upcoming fiscal year and for the year as a whole.
Complete this question by entering your answers in the tabs below.
Req 2 and 3
Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a
whole. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)
1st Quarter
3rd Quarter 4th Quarter.
Req 1
Total direct labor cost
2nd Quarter
C Reg 1
Req 2 and 3>
Year
![Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6]
The Production Department of Hruska 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
10,200
9,200
11,200 12,200
Units to be produced
Each unit requires 0.25 direct labor-hours and direct laborers are paid $11.00 per hour.
In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $82,000 per
quarter. The only noncash element of manufacturing overhead is depreciation, which is $22,000 per quarter.
Required:
1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole.
2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing
overhead for each quarter of the upcoming fiscal year and for the year as a whole.
Complete this question by entering your answers in the tabs below.
Req 1
Req 2 and 3
Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of
the the upcoming fiscal year and for the year as a whole.
1st Quarter 2nd Quarter
Total manufacturing overhead
Cash disbursements for manufacturing overhead
< Req 1
3rd Quarter
Reg 2 and 3>
4th Quarter
Year](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad707d33-c7d8-4d77-9771-bce931d87008%2Fbfae602c-b2a6-4623-aa76-e5a43bae5706%2Fa993lna_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets [LO8-5, LO8-6]
The Production Department of Hruska 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
10,200
9,200
11,200 12,200
Units to be produced
Each unit requires 0.25 direct labor-hours and direct laborers are paid $11.00 per hour.
In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $82,000 per
quarter. The only noncash element of manufacturing overhead is depreciation, which is $22,000 per quarter.
Required:
1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole.
2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing
overhead for each quarter of the upcoming fiscal year and for the year as a whole.
Complete this question by entering your answers in the tabs below.
Req 1
Req 2 and 3
Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of
the the upcoming fiscal year and for the year as a whole.
1st Quarter 2nd Quarter
Total manufacturing overhead
Cash disbursements for manufacturing overhead
< Req 1
3rd Quarter
Reg 2 and 3>
4th Quarter
Year
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