Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help. i will hit thumbs up!! thank you!! The Production Department of Hruska Corporation has submitted the following forecast of units to be produced
please help. i will hit thumbs up!! thank you!! The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Each unit requires 0.20 direct labor-hours and direct laborers are paid $16.00 per hour. In addition, the variable manufacturing overhead rate is $175 per direct labor-hour. The fixed manufacturing overhead is $98,000 pei quarter. The only noncash element of manufacturing overhead is depreciation, which is $38,000 per quarter Required: 1. Calculate the company's total estimated cirect labor cost for each quarter of the upcoming fiscal year and for the year as a whole. 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 Complete this question by entering your answers in the tabs below. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Calculate the company's total estimated manufacturing overhead cont and the cash disbursements for manufacturing overhead for each quarter of the the upcoming fiscal year and for the year as a whole
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started