CH 8 - MASTER BUDGET 4. The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year Ist Quarter Duarter 3rd Quarter 4th Quarter units to be produced 9.200 7.000 1 Each unit requires 035 direct labor hours, and direct laborers are paid $10.00 per hour Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced 2. Prepare the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. Instead, assume that the company's direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 3.000 hours of work each quarter of the number of required direct labor hours is less than this number the workers are paid for 3,000 hours anyway. Any hours worked in excess of 3.000 hours in a quarter are paid at the rate of 15 times the normal hourly rate for direct labor Complete this question by entering your answers in the tabs below. Required Required 2 Prepare the company direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced (Round "Direct bo time per unit (hours)" answers to 2 decimal places) Hordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter Id Quarter 4th Quarter Year Dired abortima per unit hours) Total direct labor hours needed Dired labor cost per hour Total direct labore Required 2 > Saved The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: st Units to be produced 1st Quarter 9,200 2nd Quarter 3rd Quarter 7,000 7,600 4th Quarter 9,500 Each unit requires 0.35 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. Prepare the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. Instead, assume that the company's direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 3,000 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 3,000 hours anyway. Any hours worked in excess of 3,000 hours in a quarter are paid at the rate of 15 times the normal hourly rate for direct labor sok nt Complete this question by entering your answers in the tabs below. ences Required 1 Required 2 Prepare the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. Instead, assume that the company's direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 3,000 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 3,000 hours anyway. Any hours worked in excess of 3,000 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Show less 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 Regular hours Overtime hours Wages for regular hours Overtime wages Total direct labor cost
