Hruska Corporation's production budget for next year contained the following estimates: Units to be produced 1st...
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Hruska Corporation's production budget for next year contained the following estimates: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 11,700 12,700 13,700 10,700 Each unit requires 0.25 direct labor-hour and direct laborers are paid $15.00 per hour. In addition, the variable manufacturing overhead rate is $1.80 per direct labor-hour. The fixed manufacturing overhead is $97,000 per quarter. The only noncash element of manufacturing overhead is depreciation of $37,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter and for the year as a whole. 2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter and for the year as a whole. Hruska Corporation's production budget for next year contained the following estimates: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 11,700 12,700 13,700 10,700 Each unit requires 0.25 direct labor-hour and direct laborers are paid $15.00 per hour. In addition, the variable manufacturing overhead rate is $1.80 per direct labor-hour. The fixed manufacturing overhead is $97,000 per quarter. The only noncash element of manufacturing overhead is depreciation of $37,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter and for the year as a whole. 2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter and for the year as a whole.
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