Question: need answer as soon as possible please Exercise 7-5 Preparing Direct Labour and Manufacturing Overhead Budgets (L02 - CC8,9) The production department of Raredon Corporation

need answer as soon as possible please
need answer as soon as possible please Exercise 7-5 Preparing Direct Labour
and Manufacturing Overhead Budgets (L02 - CC8,9) The production department of Raredon
Corporation has submitted the following forecast of units to be produced by

Exercise 7-5 Preparing Direct Labour and Manufacturing Overhead Budgets (L02 - CC8,9) The production department of Raredon Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year Bra st Quarter 23. 2nd Quarter 29,000 Quarter 27.000 4th Quarter 21,000 Units to be produced Each unit requires 13 direct labour hours, and direct labour-hour workers are paid $20 per hour In addition, the variable manufacturing overhead rate is $110 per direct labour-hour. The fixed manufacturing overhead is 5169 500 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $53,500 per quarter + Required: 1. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct tabour workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced RAREDON CORPORATION Direct Labour Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labour-hours needed Total direct labour cost 2. Prepare the company's manufacturing overhead budget RAREDON CORPORATION Manufacturing Overhead Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total manufacturing overhead Cash disbursements for manufacturing overhead

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