Question: please help with Excel and show the formula. Thanks! Data COGS $35.00 Beginning work force 65 employees Hiring cost $350 per employee Work Hours per

please help with Excel and show the formula. Thanks!

Data

COGS $35.00

Beginning work force 65 employees Hiring cost $350 per employee

Work Hours per month 160 Firing cost $600 per worker

Carrying costs 32% per year Work Standard 2 hours per piece

Labor rate $24

) ABC Company wishes to investigate a Level strategy and reduce their current inventory of 10,000 units of finished goods in stock to 4,000 by the end of March.

Level

Month

Forecast Sales

Production Plan

Inventory

Inventory Cost $

# of workers

Hire or Fire

H/F cost

Payroll

Total

July

5460

August

5340

Sept

5200

Using the same data above, what is the total cost of this plan for the 3 months?

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