Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

thank you The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year Units to be produced 1st

thank you
image text in transcribed
image text in transcribed
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year Units to be produced 1st Quarter 8,200 2nd Quarter 3rd Quarter 6,500 7,109 4th Quarter 8,000 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 fiscal 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 fiscal 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 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 fiscal 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.) Rordan Corporation Direct Labor Budget 1 Quarter 2nd Quarter Bed Quarter 4th Gutter Year Direct laborime per unit hours Total direct labor hours needed Det labor cont per hour Total director Required 2 > The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year. Units to be produced Ist Quarter 8.200 2nd Quarter 3rd Quarter 6,500 7,109 4th Quarter 3,000 Each unit requires o 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 fiscal 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 fiscal 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 1800 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 15 times the normal hourly rate for direct labor Complete this question by entering your answers in the tabs below. Required 1 Requirebon Prepare the company's direct labor budget for the upcoming fiscal 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 placen.) Show less Rordan Corporation Direct Labor Budget 1st Quarto 2nd Quarter Bed Quarter 4th Quarter Year Direct labor time per unit hours) Total direct labor hours needed Regular hours Overtime hours Wages for regular hours Overwagen Total direct labor con

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Managerial Accounting

Authors: Christine Jonick, Dahlonega, GA

1st Edition

1940771455, 9781940771458

More Books

Students also viewed these Accounting questions

Question

=+7. Are shareholders in a firm investors or gamblers?

Answered: 1 week ago