12,500 Exercise 8-15 (Algo) Direct Labor and Manufacturing Overhead Budgets (LO8-5, L08-6) The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 11,500 10,5ee 13,500 Each unit requires o 25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing overhead rate is $160 per direct labor hour. The fixed manufacturing overhead is $95,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $35.000 per quarter Required: 1 Colculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole 2 and 3 Colculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole ce Complete this question by entering your answers in the tabs below. 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole 2 and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole Complete this question by entering your answers in the tabs below. Regi Reg 2 and 3 CO Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labor cost (RO Req 2 and 3 > 1st Quarter Check my work 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. 2 and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole Complete this question by entering your answers in the tabs below. Reg 1 Req 2 and Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarte the the upcoming fiscal year and for the year as a whole. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total manufacturing overhead Coish disbursements for manufacturing overhead
