Exercise 4-27 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...

Extracted text: Exercise 4-27 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 per hour. Production plans based on anticipated sales demand, are given next page in units for each of the three lines of cabinets. Georgian French Florentine Provincial January February March April Мay June 300 200 50 450 320 80 520 430 80 520 450 100 640 560 130 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: Georgian French Provincial 3 hours 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for cach 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? Irene Corporation Direct Labor Hours & Cost Budget For the First Six Months of 2021 French Provincial(5) Florentine(6) Georgian(3) Units Hours Units Hours Units Hours Hours Costs Total Total January February March April May June


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