{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T05:41:15-04:00", "answer_date": "2024-06-28 05:41:15", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4247930", "url": "\/study-help\/questions\/exercise-84-direct-labor-budget-lob5-the-production-manager-of-4247930", "question_creation_date_js": "2024-06-28T05:41:15-04:00", "question_creation_date": "Jun 28, 2024 05:41 AM", "meta_title": "[Solved] Exercise 8-4 Direct Labor Budget [LOB-5] | SolutionInn", "meta_description": "Answer of - Exercise 8-4 Direct Labor Budget [LOB-5] The production manager of Rordan Corporation has submitted the following quar | SolutionInn", "meta_keywords": "exercise,8-4,direct,labor,budget,lob-5,production,manager,rordan,corporation,submitted,quarterly", "question_title_h1": "Exercise 8-4 Direct Labor Budget [LOB-5] The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: let", "question_title": "Exercise 8-4 Direct Labor Budget [LOB-5] The production manager of Rordan Corporation", "question_title_for_js_snippet": "Exercise 8 4 Direct Labor Budget LOB 5 The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year let Quartet 2nd Quarter 31d Quarter 4th Quarter Unite to be produced 3,200 6,500 7,100 0,000 ' Each unit requires 0 25 direct labor hours, and direct laborers are paid $12 00 per hour Required 1 Prepare the company's direct labor budget for the upcoming scal 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 scal 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 1,800 hours of work each quarter If the number of required direct labor hours is less than this number, the workers are paid for 1,800 hours anyway Any hours worked in excess of 1,800 hours in a quarter are paid at the rate of1 5 times the normal hourly rate for direct labor Complete this question by entering your answers In the tabs below Required 1 Required 2 Prepare the company's direct labor budget for the upcoming scal 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 labor time per unit (hours) answers to 2 decimal places ) Direct labor time per unit (hours) Total direct labor hours needed Direct labor cost per hour Total direct labor cost Required 2 Exercise 8 4 Direct Labor Budget LOB 5 The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year let Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 8,200 6,500 7,100 8,000 ' Each unit requires 0 25 direct laborhours, and direct laborers are paid $12 00 per hour Required 1 Prepare the company's direct labor budget for the upcoming scal 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 scal 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 1,800 hours of work each quarter If the number of required direct laborhours is less than this number the workers are paid for 1,800 hours anyway Any hours worked in excess of1,800 hours in a quarter are paid at the rate of1 5 times the normal hourly rate for direct labor Complete this question by entering your answers In the tabs below Rem rad 2 Prepare the company's direct labor budget for the upcoming scal 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 1,800 hours of work each quarter If the number of required direct labor hours is less than this number, the workers are paid for 1,800 hours anyway Any hours worked in excess of 1,800 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 IessA Direct labor time per unit (hours)", "question_description": "

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\"image\"image<\/div><\/div><\/div> Exercise 8-4 Direct Labor Budget [LOB-5] The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: let Quartet: 2nd Quarter 31d Quarter 4th Quarter Unite to be produced 3,200 6,500 7,100 0,000 ' Each unit requires 0.25 direct labor-hours, and direct laborers are paid $12.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming scal 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 scal 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 1,800 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 1,800 hours anyway. Any hours worked in excess of 1,800 hours in a quarter are paid at the rate of1.5 times the normal hourly rate for direct labor. Complete this question by entering your answers In the tabs below. Required 1 Required 2 Prepare the company's direct labor budget for the upcoming scal 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 labor time per unit (hours)\" answers to 2 decimal places.) Direct labor time per unit (hours) Total direct labor-hours needed Direct labor cost per hour Total direct labor cost Required 2 > Exercise 8-4 Direct Labor Budget [LOB-5] The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: let Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 8,200 6,500 7,100 8,000 ' Each unit requires 0.25 direct laborhours, and direct laborers are paid $12.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming scal 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 scal 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 1,800 hours of work each quarter. If the number of required direct laborhours is less than this number. the workers are paid for 1,800 hours anyway. Any hours worked in excess of1,800 hours in a quarter are paid at the rate of1.5 times the normal hourly rate for direct labor. Complete this question by entering your answers In the tabs below. Rem-\\\"rad 2 Prepare the company's direct labor budget for the upcoming scal 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 1,800 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 1,800 hours anyway. Any hours worked in excess of 1,800 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 IessA Direct labor time per unit (hours)", "transcribed_text": "", "related_book": { "title": "Entrepreneurial Finance", "isbn": "1305968352, 978-1337635653, 978-1305968356", "edition": "6th edition", "authors": "J. Chris Leach, Ronald W. Melicher", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1482.jpg", "uri": "\/textbooks\/entrepreneurial-finance-6th-edition-1482", "see_more_uri": "" }, "free_related_book": { "isbn": "B0B2TD8H4X", "uri": "\/textbooks\/central-wisconsin-mathematics-league-problem-and-solution-sets-1st-edition-979-8826994559-271543", "name": "Central Wisconsin Mathematics League Problem And Solution Sets", "edition": "1st Edition" }, "question_posted": "2024-06-28 05:41:15", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-following-transactions-and-events-occurred-in-east-fritzsch-township", "description": "The following transactions and events occurred in East Fritzsch Township. Record these transactions in journal form. Also, indicate the fund in which each transaction amount is recorded. 1. 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