Question: Please answer question CORRECTLY Exercise 8-15 Direct Labor and Manufacturing Overhead Budgets [LO8-5, L08-6] The Production Department of Hruska Corporation has submitted the following forecast
Exercise 8-15 Direct Labor and Manufacturing Overhead Budgets [LO8-5, L08-6] The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 11,200 10,200 12,200 13,200 Each unit requires 0.25 direct labor-hours and direct laborers are paid $13.00 per hour. In addition, the variable manufacturing overhead rate is $1.40 per direct labor-hour. The fixed manufacturing overhead is $92,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $32,000 per quarter Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the the upcoming fiscal year and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced. 2&3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the the upcoming fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Req1 Req 2 and 3 Calculate the company's total estimated direct labor cost for each quarter of the the ppcoming fiscal year and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce
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