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2-3 The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. Units
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The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. Units to be produced 1st Quarter 10,800 2nd Quarter 9,800 3rd Quarter 11,800 4th Quarter 12,800 Each unit requires 0.25 direct labor-hours and direct laborers are paid $13.00 per hour. In addition, the variable manufacturing overhead rate is $1.90 per direct labor-hour. The fixed manufacturing overhead is $88,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $28,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a whole. 283. 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 R272 artd 3 Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the the upcoming fiscal year for the year as a whole. Show les 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter Year Total manufacturing overhead 108,520 $ $ 106,620 110,420 $ 112,320 437,880 Cash disbursements for manufacturing overhead $80,520X $78,620% $82,420X $84,320% 325,880 Step by Step Solution
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