The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 11,000 10,000 12,000 13,000 Each unit requires 0.30 direct labor-hours and direct laborers are paid $12.50 per hour. In addition, the variable manufacturing overhead rate is $2.05 per direct labor-hour. The fixed manufacturing overhead is $90,000 p quarter. The only noncash element of manufacturing overhead is depreciation, which is $30,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whol 2&3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overh for each quarter of the upcoming fiscal year and for the year as a whole.

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 11,000 10,000 12,000 13,000 Each unit requires 0.30 direct labor-hours and direct laborers are paid $12.50 per hour. In addition, the variable manufacturing overhead rate is $2.05 per direct labor-hour. The fixed manufacturing overhead is $90,000 p quarter. The only noncash element of manufacturing overhead is depreciation, which is $30,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whol 2&3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overh for each quarter of the upcoming fiscal year and for the year as a whole.

Name: SProctoring Enabled: Test 26The Production Department of Hruska Corpo
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Description: SProctoring Enabled: Test 26The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for theupcoming fiscal year:Units to be producedReq 111,000Each unit requires 0.30 direct labor-hours

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 10E: Standard unit cost and journal entries The normal capacity of Algonquin Adhesives Inc. is 40,000...

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