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Exercise 4-27 hire persons qualified for the work. At the present time, there are 15 qualified orporation manufactures three lines of decorative cabinets for stereo and television sets Skill is required of the workers and it is not casy to 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 eco employee works approximately 150 hours a month and is paid the rate of PI00 per hour. Production plans based on anticipated sales demand, are given next page in units for each of the three lines of cabinets. Florentine French Provincial 200 Georgian January February 50 300 80 320 430 450 March 520 80 April May 520 450 100 640 560 130 June 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: 3 hours Georgian French Provincial 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for each month and convert it into a budget of direct labor cost. 2. How many employees will be needed for production cach 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) Units Hours Units Hours Units Hours Hours Costs Florentine(6) Georgian(3) Total Total January February March April May June

Exercise 4-27 hire persons qualified for the work. At the present time, there are 15 qualified orporation manufactures three lines of decorative cabinets for stereo and television sets Skill is required of the workers and it is not casy to 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 eco employee works approximately 150 hours a month and is paid the rate of PI00 per hour. Production plans based on anticipated sales demand, are given next page in units for each of the three lines of cabinets. Florentine French Provincial 200 Georgian January February 50 300 80 320 430 450 March 520 80 April May 520 450 100 640 560 130 June 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: 3 hours Georgian French Provincial 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for each month and convert it into a budget of direct labor cost. 2. How many employees will be needed for production cach 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) Units Hours Units Hours Units Hours Hours Costs Florentine(6) Georgian(3) Total Total January February March April May June

Financial & Managerial Accounting
Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter21: Budgeting
Section: Chapter Questions
Problem 21.1APR: Forecast sates volume and sales budget For 20Y8, Raphael Frame Company prepared the sales budget...
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Exercise 4-27 CO veco veco vec per hour. a veco o Production plans based on eco anticipated sales demand, are given next page Georgian French Florentine Provincial January February 300 200 50 450 320 80 March 520 430 80 April May 520 450 100 640 560 130 June 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: vec Georgian 3 hours French Provincial 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for each 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
Transcribed Image Text:Exercise 4-27 CO veco veco vec per hour. a veco o Production plans based on eco anticipated sales demand, are given next page Georgian French Florentine Provincial January February 300 200 50 450 320 80 March 520 430 80 April May 520 450 100 640 560 130 June 950 600 150 The direct labor time required for one person to produce each unit of product has been estimated as follows: vec Georgian 3 hours French Provincial 5 hours Florentine 6 hours REQUIRED: 1. Prepare a budget of direct labor hours for each 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
April May veco v June eco veco v o veco 0 veco 143 Irene Corporation Budgeted Number of Employees For the First Six Months of 2021 Total Total Regular (15) Hours Temporary Temporary Full-time January Employees New Part-time Recruits February March April May June
Transcribed Image Text:April May veco v June eco veco v o veco 0 veco 143 Irene Corporation Budgeted Number of Employees For the First Six Months of 2021 Total Total Regular (15) Hours Temporary Temporary Full-time January Employees New Part-time Recruits February March April May June
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