142 Georgian French Florentine Provincial January February March 300 200 50 450 320 80 520 430 80 April May 520 450 100 640 560 130 June 950 600 150 The direct labor time required for one person to...

Extracted text: 142 Georgian French Florentine Provincial January February March 300 200 50 450 320 80 520 430 80 April May 520 450 100 640 560 130 June 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: 3 hours Georgian French Provincial 5 hours Exercise 4-27 Florentine 6 hours Irene Corporation manufactures three lines of decorative cabinets for stereo and television sets. Skill is required of the workers and it is not easy to hire persons qualified for the work. At the present time, there are 15 qualified employees (all regular workers) available for this type of work and new personnel are to be hired and trained for the busy first six months of 2021. Each employee works approximately 150 hours a month and is paid the rate of P100 REQUIRED: 1. Prepare a budget of direct labor hours for each month and convert it into a budget of direct labor cost. 2. How many employees will be needed for production each month? How many will be regular, temporary full-time, and temporary part-time. How many new recruits are needed also every month? per hour. Irene Corporation Direct Labor Hours & Cost Budget For the First Six Months of 2021 Production plans based on anticipated sales demand, are given next page in units for each of the three lines of cabinets. French Florentine(6) Georgian(3) Units Hours | Units Hours Hours Total Total Provincial(5) Units Hours Costs January February March April May June


Extracted text: 143 Irene Corporation Budgeted Number of Employees For the First Six Months of 2021 Temporary Temporary Full-time Total Regular (15) Total New Hours Employees Part-time Recruits January February March April Мay June