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The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 2nd 3rd
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 2nd 3rd 4th 1st Quarter Quarter Quarter Quarter Units to be 12,000 10,000 13,000 14,000 produced Each unit requires 0.2 direct labor-hours and direct laborers are paid $12.00 per hour In addition, the variable manufacturing overhead rate is $$1.75 per direct labor-hour. The fixed manufacturing overhead is $86,000 per quarter. The only noncash element of manufacturing overhead is depreclation, which is $23,000 per quarter Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced 2&3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the the upcoming fiscal year and for the year as a whole Complete this question by entering your answers in the tabs below. Req 2 and 3 Req 1 Calculate the company's total estimated manufacturing overhead cost,the cash disbursements for manufacturing overhead for each quarter of the the upcoming fiscal year and for the year as a whole (Hint: Refer to Schedule 5 for guidance). (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Show less 1st Quarter 2nd rd Quarter 4th Year Quarter Quarter Total direct labor cost Req 1 Req 2 and 3>
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