Question: solve it in a table form PROBLEM 9-16 Direct Labor and Manufacturing Overhead Budgets [L.05, L06] The Production Department of Itruska Corporation has submitted the

solve it in a table form solve it in a table form PROBLEM 9-16 Direct Labor and Manufacturing

PROBLEM 9-16 Direct Labor and Manufacturing Overhead Budgets [L.05, L06] The Production Department of Itruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Each unit requires 0.2 direet labor-hours and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.75 per direct labor-hour. The fixed manufacturing overhead is $86,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $23,000 per quarter. Required: 1. Prepare the company's direet labor budget for the upeoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. Prepare the company's manufacturing overhead budget

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