JANUARY FEBRUARY 8 400 :22 19 7,040 6,080 1.408 1,800 1,216 1,500 Beginning inventory Working days per month Production
Posted: Tue Apr 26, 2022 12:30 pm
- January February 8 400 22 19 7 040 6 080 1 408 1 800 1 216 1 500 Beginning Inventory Working Days Per Month Production 1 (111.42 KiB) Viewed 41 times
Inventory cost will increase to $737.80
The straight time cost will stay the same.
'Units excess' will increase.
None of the above.
JANUARY FEBRUARY 8 400 :22 19 7,040 6,080 1.408 1,800 1,216 1,500 Beginning inventory Working days per month Production hours available (Working days per month x 8 hr./day x 40 workers)* Actual production (Production hours available/5 hr./unit) Demand forecast (from Exhibit 12.3) Ending inventory (Beginning inventory + Actual production - Demand forecast) Shortage cost (Units short x $5) Safety stock (from Exhibit 12.3) Units excess (Ending inventory – Safety stock) only if positive amount Inventory cost (Units excess X $1.50).... Straight-time cost (Production hours available x $4) 8 8 $0 :450 -276: $1,380 375 0 O $o $o: $28,160 $24320