The production manager of Rordan Corporation has submitted the following forecas
ID: 2556837 • 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:
The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:
The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 10,400 8,000 8,200 10,500 Each unit requires 0.35 direct labor-hours, and direct laborers are paid $14.00 per hour.Explanation / Answer
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Required production in units 10400 8000 8200 10500 37100 Direct labor time per unit (hours) 0.35 0.35 0.35 0.35 0.35 Total direct labor-hours needed 3640 2800 2870 3675 12985 Direct labor cost per hour 14 14 14 14 14 Total direct labor cost 50960 39200 40180 51450 181790 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labor-hours needed 3640 2800 2870 3675 12985 Regular hours paid 3500 3500 3500 3500 14000 Overtime hours paid 140 0 0 175 315 Wages for regular hours 49000 49000 49000 49000 196000 Overtime wages 2940 0 0 3675 6615 Total direct labor cost 51940 49000 49000 52675 202615
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