The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 8,400 6,500 7,200 8,100 Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 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.
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 8,400 6,500 7,200 8,100 Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 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.
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 8,400 6,500 7,200 8,100 Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 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.
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Units to be produced
8,400
6,500
7,200
8,100
Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 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:Exercise 8-4 (Algo) Direct Labor Budget [LO8-5]
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:
1st Quarter 2nd Quarter
8,400
6,500
3rd Quarter 4th Quarter
7,200
8,100
Units to be produced
Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 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.
Direct labor time per unit (hours)
Total direct labor-hours needed
Direct labor cost per hour
Total direct labor cost
Rordan Corporation
Direct Labor Budget
1st Quarter
2nd Quarter 3rd Quarter 4th Quarter
Year
Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.
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![Exercise 8-4 (Algo) Direct Labor Budget [LO8-5]
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year:
1st Quarter 2nd Quarter
8,400
6,500
3rd Quarter 4th Quarter
7,200
8,100
Units to be produced
Each unit requires 0.65 direct labor-hours, and direct laborers are paid $12.00 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.
Direct labor time per unit (hours)
Total direct labor-hours needed
Direct labor cost per hour
Total direct labor cost
Rordan Corporation
Direct Labor Budget
1st Quarter
2nd Quarter 3rd Quarter 4th Quarter
Year](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F032b8689-1487-47d0-960a-ec81d5d77a8e%2Fecf8c9ba-4c13-4c9a-8446-d098448a43ee%2F2sp2qsk_processed.png&w=3840&q=75)
