The production manager of Rordan Corporation has submitted the following forecas
ID: 2375047 • Letter: T
Question
The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:
Compute the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Omit the "$" sign in your response.)
$
Compute 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 1,340 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 1,340 hours anyway. Any hours worked in excess of 1,340 hours in a quarter are paid at the rate of 1.1 times the normal hourly rate for direct labor.(Round your answers to the nearest dollar amount. Omit the "$" sign in your response.)
$
The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:
Explanation / Answer
requirement 1
direct labour cost
1st quarter 5450*.3*13 =21255
2nd quarter 4100*0.3*13 = 15990
3rd quarter 4300*0.3*13 = 16770
4th quarte 5050*0.3*13 = 19695
reqirement 2
labour hrs required
1st quarter 5450*0.3 = 1635 hrs.cost is 1340*13 + 295*1.1*13 =21638
2nd quarter 4100*.3 = 1230 hrs. cost is 1230 *13 = 15990
3rd quarter 4300*0.3 =1290 hrs. cost is 1290 *13 = 16770
4th quarter 5050 *0.3 =1515 hrs cost is 1340 *13 + 175*13*1.1 =19922
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.