Hruska Corporation's production budget for next year contained the following estimates: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,400 9,400 12,400 11,400 Each unit requires 0.25 direct labor-hour and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 pe quarter. The only noncash element of manufacturing overhead is depreciation of $24,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter 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 and for the year as a whole. Complete this question by entering your answers in the tabs below. Required 2 and 3 Required 1 Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each qua and for the year as a whole. Total manufacturing overhead Cash disbursements for manufacturing overhead 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 4CMA: Krouse Company produces two products, forged putter heads and laminated putter heads, which are sold...
icon
Related questions
icon
Concept explainers
Question

Please do not give solution in image format thanku 

Hruska Corporation's production budget for next year contained the following estimates:
Units to be produced
1st Quarter 2nd Quarter 3rd Quarter. 4th Quarter
10,400
9,400
11,400
12,400
Each unit requires 0.25 direct labor-hour and direct laborers are paid $12.00 per hour.
In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 per
quarter. The only noncash element of manufacturing overhead is depreciation of $24,000 per quarter.
Required:
1. Calculate the company's total estimated direct labor cost for each quarter 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 and for the year as a whole.
Complete this question by entering your answers in the tabs below.
Required 2
and 3
Required 1
Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarte
and for the year as a whole.
2nd Quarter
Total manufacturing overhead
Cash disbursements for manufacturing overhead
1st Quarter
< Required 1
3rd Quarter 4th Quarter
Required 2 and 3>
Year
Transcribed Image Text:Hruska Corporation's production budget for next year contained the following estimates: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter. 4th Quarter 10,400 9,400 11,400 12,400 Each unit requires 0.25 direct labor-hour and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 per quarter. The only noncash element of manufacturing overhead is depreciation of $24,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter 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 and for the year as a whole. Complete this question by entering your answers in the tabs below. Required 2 and 3 Required 1 Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarte and for the year as a whole. 2nd Quarter Total manufacturing overhead Cash disbursements for manufacturing overhead 1st Quarter < Required 1 3rd Quarter 4th Quarter Required 2 and 3> Year
Hruska Corporation's production budget for next year contained the following estimates:
1st Quarter 2nd Quarter 3rd Quarter
10,400
11,400
9,400
Units to be produced.
Each unit requires 0.25 direct labor-hour and direct laborers are paid $12.00 per hour.
In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,00-
quarter. The only noncash element of manufacturing overhead is depreciation of $24,000 per quarter.
Required:
1. Calculate the company's total estimated direct labor cost for each quarter 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 and for the year as a whole.
Complete this question by entering your answers in the tabs below.
4th Quarter
12,400
Required 2
and 3
Calculate the company's total estimated direct labor cost for each quarter and for the year as a whole.
1st Quarter
2nd Quarter
3rd Quarter 4th Quarter
Required 1
Total direct labor cost
Required 1
Required 2 and 3>
Year
Transcribed Image Text:Hruska Corporation's production budget for next year contained the following estimates: 1st Quarter 2nd Quarter 3rd Quarter 10,400 11,400 9,400 Units to be produced. Each unit requires 0.25 direct labor-hour and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,00- quarter. The only noncash element of manufacturing overhead is depreciation of $24,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter 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 and for the year as a whole. Complete this question by entering your answers in the tabs below. 4th Quarter 12,400 Required 2 and 3 Calculate the company's total estimated direct labor cost for each quarter and for the year as a whole. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Required 1 Total direct labor cost Required 1 Required 2 and 3> Year
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Knowledge Booster
Budgeting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning