xercise 8-4 (Algo) Direct Labor Budget [LO8-5] he production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal yea 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,200 Units to be produced 7,000 7,600 9,500 ach unit requires 0.35 direct labor-hours, and direct laborers are paid $10.00 per hour. equired: Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 ecimal 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

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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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:
Units to be produced
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
9,200
7,000
7,600
9,500
Each unit requires 0.35 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. (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
1st Quarter
Rordan Corporation
Direct Labor Budget
2nd Quarter
3rd Quarter
4th Quarter
Year
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: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,200 7,000 7,600 9,500 Each unit requires 0.35 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. (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 1st Quarter Rordan Corporation Direct Labor Budget 2nd Quarter 3rd Quarter 4th Quarter Year
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