old Chapter 7 Homework Question 4 (of 8) 4. 1.00 points The production manager o

Question

old Chapter 7 Homework Question 4 (of 8) 4. 1.00 points The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarber for the upcoming fiscal year Units to be produced Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,400 7,000 7,700 10,000 Each unit requires 0.25 direct labor-hours, and direct laborers are paid $10.00 per hour Compiete the company's direct labor budget for the upcoming fscal year, assuming workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Round "Direct labor time per unit, (hours)" answers to 2 decimal 1 Direct Labor Budget Required production in units Direct labor time per unit (hours) Total direct labor-hours needed Direct labor cost per hour Total direct labor cost 2 3 4 5 9

Explanation / Answer

1st quarter 2nd quarter 3rd quarter 4th quarter Year Required production in units 9400 7000 7700 10000 34100 Direct labor time per unit (hours) 0.25 0.25 0.25 0.25 0.25 Total direct labor-hours needed 2350 1750 1925 2500 8525 Direct labor cost per hour 10 10 10 10 10 Total direct labor cost 23500 17500 19250 25000 85250 2 1st quarter 2nd quarter 3rd quarter 4th quarter Year Total direct labor-hours needed 2350 1750 1925 2500 8525 Regular hours paid 2200 2200 2200 2200 8800 Overtime hours paid 150 0 0 300 450 Wages for regular hours 22000 22000 22000 22000 88000 Overtime wages 2250 0 0 4500 6750 Total direct labor cost 24250 22000 22000 26500 94750

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