The production manager of Rordan Corporation has submitted the following quarterly pro 2nd Quarter 7,000 3rd Quarter 4th Quarter 7,700 10,000 Units to be produced Each unit requires 0.25 direct labor-hours, and direct laborers are paid $10.00 per hour. 1st Quarter 9,400 Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Noto: Round "Direct laber time per unit (hours)" answers to 2 decimal places.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:
1st Quarter 2nd Quarter
9,400
7,000
3rd Quarter 4th Quarter
7,700
10,000
Units to be produced
Each unit requires 0.25 direct labor-hours, and direct laborers are paid $10.00 per hour.
Required:
1. Prepare the company's direct labor budget for the upcoming fiscal year.
Note: 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 2nd Quarter 9,400 7,000 3rd Quarter 4th Quarter 7,700 10,000 Units to be produced Each unit requires 0.25 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Note: Round "Direct labor time per unit (hours)" answers to 2 decimal places.
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