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PROBLEM 4: Direct Labor Budget The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter

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PROBLEM 4: Direct Labor Budget The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 2nd Quarter 8,500 Units to be produced 3rd Quarter 8,600 4th Quarter 11.200 10.900 Each unit requires 0.55 direct labor-hours, and direct laborers are paid $16.00 per hour Required: Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)

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