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

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Accounting

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[[,15t Quarter,2nd Quarter,3rd Quarter,4th Quarter],[Units to be produced,10,600,8,500,7,000,11,100]]
Each unit requires 0.35 direct labor-hours, and direct laborers are paid $20.00 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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