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Prepare the first budgeting period only The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: EXERCISE

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The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: EXERCISE 8-4 Direct Labor Budget L08-5 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,000 6,500 7,000 7.500 Units to be produced Each unit requires 0.35 direct labor-hours, and direct laborers are paid $15.00 per hour

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