CCC Exercise 8-15 Direct Labor and Manufacturing Overhead Budgets (L08-5, 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: Units to be produced 1st Quarter 11,000 2nd Quarter 10,000 3rd Quarter 12, 4th Quarter 13,000 Each unit requires 0.30 direct lobor-hours and direct laborers are paid $12.50 per hour. In addition, the variable manufacturing overhead rate is $2.05 per direct labor-hour. The fixed manufacturing overhead is $90 quarter. The only noncash element of manufacturing overhead is depreciation, which is $30,000 per quarter. Required: 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&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 Reg 2 and 3 Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole, 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Yoar Tatal direct labor cost Check my w 3 Exercise 8-15 Direct Labor and Manufacturing Overhead Budgets (L08-5, LCB-6] The Production Department of Hrusko Corporation has submitted the following forecast of units to be produced by quartet for the upcoming fiscal year. 1st Quarter 2nd Quarter 3rd quarter 4th Quarter Units to be produced 11,000 10,000 12,000 13,000 650 Each unit requires 0.30 direct labor-hours and direct laborers are paid $12.50 per hour In addition, the variable manufacturing overhead rate is $2.05 per direct lobor-hour. The fixed manufacturing overhead is 590 quarter. The only noncash element of manufacturing overhead is depreciation, which is $30,000 per quarter. Required: 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 283. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing our 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 Reg 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. 1st Quarter Year 2nd Quarter 3rd Quarter 4th Quarter Total manufacturing overhead Cash disbursements for manufacturing overhead
