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8 Exercise 8-4(Static) Direct Labor Budget [LO8-5] 0.71 points The production...

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Accounting

8
Exercise 8-4(Static) Direct Labor Budget [LO8-5]
0.71
points
The production manager of Rordan Corporation prepared the following quarterly production forecast for next year:
Units to be produced \(\quad 1\) Quarter 22nd Quarter 33rd Quarter 44th Quarter
Each unit requires 0.35 direct labor-hour, and direct laborers are paid \(\$ 15.00\) per hour.
Required:
1. Prepare a direct labor budget for next year.
Note: Round "Direct labor time per unit (hours)" answers to 2 decimal places.
\begin{tabular}{|c|c|c|c|c|c|}
\hline \multicolumn{6}{|c|}{Rordan Corporation}\\
\hline \multicolumn{6}{|c|}{Direct Labor Budget}\\
\hline & 1st Quarter & 2nd Quarter & 3rd Quarter & 4th Quarter & Year \\
\hline & & & & & \\
\hline Direct labor time per unit (hours) & & & & & \\
\hline Total direct labor-hours needed & & & & & \\
\hline Direct labor cost per hour & & & & & \\
\hline Total direct labor cost & & & & & \\
\hline
\end{tabular}
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