Question: Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you

Complete the chase production plan, using theComplete the chase production plan, using theComplete the chase production plan, using the

Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here. Click the icon to view the costs table. Click the icon to view the forecasted sales. Fill in the production plan table below (enter your responses as whole numbers). Month Forecasted sales Sales in worker hours to meet sales average = 254 Actual workers Actual production Layoffs Hiring Ending inventory = 210 1,500 March 1,278 Layoff Hiring 296 296 $1,036,000 $1,480,000 $2,642,000 Inventory 18,000 $126,000 Totals Costs Cost of plan Planning values Starting inventory Starting and ending workforce Hours worked per month per worker Hours per unit Hiring cost per worker Layoff cost per worker Monthly per-unit holding cost 1,500 210 180 30 $5,000 $3,500 $7 Month March April May June July August September October November December January February Forecasted sales 1,278 1,158 834 792 1,308 1,572 1,848 1,650 2,352 2,160 1,740 1,560

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