Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 1st Quarter

image text in transcribedimage text in transcribed

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 1st Quarter and Quarter Sed Quarter 4th Quarter Units to be produced 11.200 10,200 12,200 13,200 Each unit requires 0.25 direct labor-hours and direct laborers are paid $13,00 per hour. In addition, the variable manufacturing overhead rate is $1.40 per direct labor-hour. The fixed manufacturing overhead is $92.000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $32,000 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 283. 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. Req1 Reg 2 and 3 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. (Round "Direct Tattor time per unit chours)"answers to 2 decimal places) 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labor cost Req 2 and 3 > 1st Quarter Prey 3 of 4 FEE Next > 13,200 The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year ist Quarter and Quarter 3rd Quarter 4th Quarter Units to be produced 11,200 10,200 12,200 Each unit requires 0.25 direct labor-hours and direct laborers are paid $13.00 per hout, In addition, the variable manufacturing overhead rate is $1.40 per direct labor-hour. The fixed manufacturing overhead is $92,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $32,000 per quartet Required: 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 283. Calculate the companys 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. Red Reg 2 and 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 tot Quarter 2nd Quarter 3rd Quatter th Quarter Year Total manufacturing overad Cuah disbursement of manufacturing overtinad Reg1 mm

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

Managerial Accounting

Authors: Karen Braun, Wendy Tietz, Louis Beaubien

4th Canadian Edition

013544344X, 9780135443446

More Books

Students also viewed these Accounting questions

Question

What is a moving-average crossover rule?

Answered: 1 week ago