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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 Quarter
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 2nd Quarter 3rd Quarter 11,300 1st Quarter 4th Quarter Units to be produced 10,300 9,300 12,300 Each unit requires 0.25 direct labor-hours and direct laborers are paid $12.00 per hour In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $83,000 per quarter. The only noncash element of manufacturing overhead is depreciation, 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 1 Req 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. 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. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Show less 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labor cost 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter ear Total manufacturing overhead Cash disbursements for manufacturing overhead
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