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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:
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:
1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |
---|---|---|---|---|
Units to be produced | 10,800 | 8,000 | 8,400 | 10,700 |
Each unit requires 0.65 direct labor-hours, and direct laborers are paid $16.00 per hour.
Required:
1. Prepare the companys direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)
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