Merge Center - $ % 9 Conditional Formatas Formatting Table Styles Imiet Delete Format - - - Sort a Fed Seed GET NEW OFFICE MOBILE APP te productive on the go with the n i ce po Gat Office 4 Direct Labor Budget 6 Phoenix Solar manufactures solar panels. The management team met last week to prepare for budgeting process for the new fiscal year which begins in January. As Phoeni 7 for analyzing the budgets as they are received from each department. The production manager submitted the following quarterly production forecast for the upcoming fisc 1st Quarter 3rd Quarter Units to be produced 2nd Quarter 9,100 9H00 4th Quarter 10,900 1s Each unit requires 0.55 direct labor hours, and direct laborers are paid $14.00 per hour 17 Using Schedule 4 (Brewer, Garrison, & Noreen, 2019, pp. 349-350) as a guide, prepare the following: 1. Direct labor budget for the upcoming fiscal year a) Assume that the direct labor workforce will be adjusted each quarter based on the number of hours required to produce the budgeted number of units Active Cow Pos costing Master Budget Cap o Chin 10 Type here to search Lenovo 25000 OBETA WERONU POP 20 me sert Page Layout Formulas Data Review View Help Comments Colibri 11 -A A 15 Wap Test Mergea Center - 2:48 04 S - % 9 Conditional for forming Table C Styles - BTV - LA Clipboard 5 GET NEW ORKE MOBILE APP Be productive on the go with the new ice app Get Office 19 1. Direct labor budget for the upcoming fiscal year. 20 a) Assume that the direct labor workforce will be adjusted each quarter based on the number of hours required to produce the budgeted number of units. 21 b) Assume that due to recent contract negotiations, there has been a change to the policy of hiring direct labor. The direct labor workforce should only contain permanent who are guaranteed at least 4,600 hours of pay each quarter. Hours worked over 4,600 hours in a quarter will be paid at a rate of 1.5 times the normal hourly rate. 24 2. Submit a memo to the production department explaining the impact of the change in policy concerning the direct labor workforce and its effect on the budget. 275): Adjusted Direct Labor Workforce (Round "Direct labor time per unit (hours)" answers to 2 decimal places) Halon Corporation Direct Labor Budget 2nd Quarter 1st Quarter 3rd Quarter 4th Quarter * Direct labor time per unit (hours) 4 Total direct labor hours needed s Direct labor cost per hour Aditya Costing Process Master Bag O Type here to search e Lenovo 1230000 Brno 24U are BTU - OA -E FEW Merge Cente. S . % For OS S Conditional Formatas Cell Formatting Table Styles orta Find a Cipboard GET NEW OFFICE MOBILE APP Be productive on the go with the new capo Get Office D4 - as Direct labor cost per hour 36 Total direct labor cost 19b): Permanent Direct Labor Workforce (Round "Direct labor time per unit (hours)" answers to 2 decimal places) Halon Corporation Direct Labor Budget 2nd Quarter 1st Quarter 3rd Quarter 4th Quarter 5 Direct labor time per unit (hours) 46 Total direct labor hours needed 47 Regular hours 45 Overtime hours 49 Wages for regular hours 50 Overtime wages * Total direct Lahorros Activity Based Costing Nocess costing # O Type here to search 0 te Lenovo OOooooo 7WER ONMOOPABR