The production department of harveton corporation has

Reference no: EM13603722

The Production Department of Harveton Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 16,000 15,000 14,000 15,000 Each unit requires 0.80 direct labor-hours and direct labor-hour workers are paid $11.50 per hour. In addition, the variable manufacturing overhead rate is $2.50 per direct labor-hour. The fixed manufacturing overhead is $90,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $34,000 per quarter.

1. Prepare 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. Prepare the company's manufacturing overhead budget.

Reference no: EM13603722

Questions Cloud

Truman industries is considering an expansion the necessary : truman industries is considering an expansion. the necessary equipment would be purchased for 18 million and the

Sycamore company uses a certain part in its manufacturing : sycamore company uses a certain part in its manufacturing process that it buys from an outside supplier for 29 per part

Truman industries is considering an expansion the necessary : truman industries is considering an expansion. the necessary equipment would be purchased for 18 million and the

Nebraska mining company mines an iron ore called alpha : nebraska mining company mines an iron ore called alpha. during the month of december 400000 tons of alpha were mined

The production department of harveton corporation has : the production department of harveton corporation has submitted the following forecast of units to be produced by

A company has two stores m and n store n had sales of : a company has two stores m and n. store n had sales of 216000 during march a segment margin of 60300 and traceable

You have just been hired as a financial analyst for basel : you have just been hired as a financial analyst for basel industries. unfortunately company headquarters where all of

Hermann industries is forecasting the following income : hermann industries is forecasting the following income statement hermann industries is forecasting the following

Gulick company developed the following data for the current : 1.gulick company developed the following data for the current year beginning work in process inventory 160000 direct

User Account

All Pages