The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year Units to be produced 1st Quarter 9,600 2nd Quarter 7, see 3rd Quarter 7,800 4th Quarter 10,100 Each unit requires 0.65 direct labor-hours, and direct laborers are paid $10.00 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 6,000 hours of work each quarter. If the number of required direct labor-hours is less than this number the workers are paid for 6,000 hours anyway. Any hours worked in excess of 6.000 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, 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 6,000 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 6,000 hours anyway. Any hours worked in excess of 6,000 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 places) 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 Habor time per unit Chours)" answers to 2 decimal places... Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year 9,000 7.500 7,800 10,100 35,000 Direct labortimo per unit Chours) 0.65 0.65 065 0.65 0.65 Total direct labor hours needed 6,240 4,875 5,070 6,565 22,750 Direct labor cost per hour $ 10 s 10 s 107 s 10 $ 10 Total direct labor cost $ 62.400$ 48,750 $ 50,700 $ 65,650 $ 227.500 Hequired Required 2 > 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, 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 6,000 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 6,000 hours anyway. Any hours worked in excess of 6,000 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 places) Show less Year Required production in units Direct labor time per unit hours) Total direct labor-hours needed Regular hours Overtime hours Wages for regular hours Overtime wages Total direct labor cost Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 6,240 4.875 5,070 6,565 6000 6000 5000 6000 240 0 0 656 60.000 60,000 60,000 60,000 3.600 0 0 8.475 0 0$ 01$ 05 0 $ 0
