For Crane Company, units to be produced are 5,300 in quarter 1 and 7,420 in quarter 2. It takes 1.6 hours to make a finished unit, and the expected hourly wage rate is $15 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022. $ $ CRANE COMPANY Direct Labor Budget 1 Quarter $ $ 2 $ Six Months

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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For Crane Company, units to be produced are 5,300 in quarter 1 and 7,420 in quarter 2. It takes 1.6 hours to make a finished unit, and the expected hourly wage rate is $15 per hour.

Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022.

**CRANE COMPANY**

**Direct Labor Budget**

| Quarter |       |          | 
|---------|-------|----------|
|         | 1     | 2        | Six Months |
|         |       |          |            |
| Units to be produced |   |   |   |
| Direct labor hours per unit |   |   |   |
| Total required direct labor hours |   |   |   |
| Direct labor cost per hour |   |   |   |
| Total direct labor cost | $  | $  | $  |
Transcribed Image Text:For Crane Company, units to be produced are 5,300 in quarter 1 and 7,420 in quarter 2. It takes 1.6 hours to make a finished unit, and the expected hourly wage rate is $15 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022. **CRANE COMPANY** **Direct Labor Budget** | Quarter | | | |---------|-------|----------| | | 1 | 2 | Six Months | | | | | | | Units to be produced | | | | | Direct labor hours per unit | | | | | Total required direct labor hours | | | | | Direct labor cost per hour | | | | | Total direct labor cost | $ | $ | $ |
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