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4 Exercise 8-4(Algo) Direct Labor Budget [LO8-5] The production manager of Rordan Corporation...

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Accounting

4
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:
\table[[Units to be produced,1st Quarter,2nd Quarter,3rd Quarter,4th Quarter],[,10,000,7,500,8,000,10,300]]
Each unit requires 0.55 direct labor-hours, and direct laborers are paid $14.00 per hour.
Required:
Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)
\table[[Rordan Corporation],[Direct Labor Budget],[,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,,,,,]]
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