# Rordan Corporation Direct Labor Budget Analysis## Quarterly Production ForecastThe production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:- **1st Quarter:** 9,600 units- **2nd Quarter:** 7,500 units- **3rd Quarter:** 7,800 units- **4th Quarter:** 10,100 unitsEach unit requires 0.65 direct labor-hours, and direct laborers are paid $10.00 per hour.## Budget Preparation Requirement**Objective:** Prepare the company’s direct labor budget for the upcoming fiscal year.### Data Rounding Instructions- Round "Direct labor time per unit (hours)" answers to 2 decimal places.## Direct Labor Budget Table| Rordan Corporation | Direct Labor Budget ||--------------------|----------------------|| **Quarter** | **1st Quarter** | **2nd Quarter** | **3rd Quarter** | **4th Quarter** | **Year** ||--------------------|----------------|----------------|----------------|----------------|---------|| Direct labor time per unit (hours) | | | | | || Total direct labor-hours needed | | | | | || Direct labor cost per hour | | | | | || Total direct labor cost | | | | | |*Note: The table provides a structured layout for filling in the necessary calculations for each quarter and total year projections.*### Calculation Steps:1. **Direct labor time per unit (hours):** Multiply the number of units to be produced by the direct labor-hours per unit.2. **Total direct labor-hours needed:** Sum the labor hours required for each quarter.3. **Direct labor cost per hour:** Set at $10.00, apply this constant to calculate costs.4. **Total direct labor cost:** Multiply total direct labor-hours by the direct labor cost per hour.This exercise will aid in strategic planning for labor costs and allocation throughout the fiscal year.

The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 2nd Quarter 3rd Quarter 7,500 7,800 4th Quarter 10,100 Units to be produced Each unit requires 0.65 direct labor-hours, and direct laborers are paid $10.00 per hour. 1st Quarter 9,600 Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)

The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 2nd Quarter 3rd Quarter 7,500 7,800 4th Quarter 10,100 Units to be produced Each unit requires 0.65 direct labor-hours, and direct laborers are paid $10.00 per hour. 1st Quarter 9,600 Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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