1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 10,200 7.50

Question

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 10,200 7.500 8,100 10.400 Each unit requires 0.45 direct labor-hours, and direct laborers are paid $14.00 per hour. 1. Complete the company's direct labor budget for the upcoming 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. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Rordan Corporatiorn Direct Labor Budget 1st Quarter 2nd Quarter 3rd Quarter 4th QuarterYear Required production in units Direct labor time per unit (hours) Total direct labor-hours needed Direct labor cost per hour Total direct labor cost 2. Complete the company's direct labor budget for the upcoming fiscal year, assuming that the direct labon workforce is not adjusted each quarter. Instead, assume that the company's direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 4,500 hours of work each quarter. If the number of required direct labor-hours is less than this number, the workers are paid for 4,500 hours anyway. Any hours worked in excess of 4,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor. (Input all amounts as positive values.) Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labor-hours needed Regular hours paid Overtime hours paid Wages for regular hours Overtime wages Total direct labor cost

Explanation / Answer

Req 1 Q1 Q2 Q3 Q4 YEAR Required production in units 10200.00 7500.00 8100.00 10400.00 36200.00 Time required per unit 0.45 0.45 0.45 0.45 0.45 Total Direct labour hours 4590.00 3375.00 3645.00 4680.00 16290.00 Direct labour cost per hour 14.00 14.00 14.00 14.00 14.00 Total Direct labour cost in $ 64260.00 47250.00 51030.00 65520.00 228060.00 Req 2 Q1 Q2 Q3 Q4 YEAR Required production in units 10200.00 7500.00 8100.00 10400.00 36200.00 Time required per unit 0.45 0.45 0.45 0.45 0.45 Total Direct labour hours 4590.00 3375.00 3645.00 4680.00 16290.00 Regular hours paid 4500.00 4500.00 4500.00 4500.00 18000.00 Overtime hours paid 90.00 0.00 0.00 180.00 270.00 Wages for regular hours @14 63000.00 63000.00 63000.00 63000.00 252000.00 Overtime wages @21 1890.00 0.00 0.00 3780.00 5670.00 Total Direct labour cost 64890.00 63000.00 63000.00 66780.00 257670.00

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