EXERCISE 8-4 Direct Labor Budget The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 8,000 2nd Quarter 3rd Quarter 4th Quarter 6,500 7,000 7,500 Units to be produced. Each unit requires 0.35 direct labor-hours, and direct laborers are paid $15.00 per hour. Required: Using Schedule 4 as your guide, prepare the company's direct labor budget for the upcoming fiscal year.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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EXERCISE 8-4 Direct Labor Budget
The production manager of Rordan Corporation has submitted the following quarterly production
forecast for the upcoming fiscal year:
Units to be produced ...
1st Quarter
8,000
2nd Quarter 3rd Quarter 4th Quarter
7,000
6,500
7,500
Each unit requires 0.35 direct labor-hours, and direct laborers are paid $15.00 per hour.
Required:
Using Schedule 4 as your guide, prepare the company's direct labor budget for the upcoming
fiscal year.
Transcribed Image Text:EXERCISE 8-4 Direct Labor Budget The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Units to be produced ... 1st Quarter 8,000 2nd Quarter 3rd Quarter 4th Quarter 7,000 6,500 7,500 Each unit requires 0.35 direct labor-hours, and direct laborers are paid $15.00 per hour. Required: Using Schedule 4 as your guide, prepare the company's direct labor budget for the upcoming fiscal year.
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