The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 2nd Quarter 1st Quarter 10,400 3rd Quarter 11,400...


The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the<br>upcoming fiscal year:<br>2nd Quarter<br>1st Quarter<br>10,400<br>3rd Quarter<br>11,400<br>4th Quarter<br>12,400<br>Units to be produced<br>9,400<br>Each unit requires 0.25 direct labor-hours and direct laborers are paid $12.00 per hour.<br>In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 per<br>quarter. The only noncash element of manufacturing overhead is depreciation, which is $24,000 per quarter.<br>Required:<br>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<br>whole.<br>2&3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead<br>for each quarter of the upcoming fiscal year and for the year as a whole.<br>

Extracted text: The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 2nd Quarter 1st Quarter 10,400 3rd Quarter 11,400 4th Quarter 12,400 Units to be produced 9,400 Each unit requires 0.25 direct labor-hours and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $24,000 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. 2&3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole.

Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here