Question: Please show work in excel 5,040 5,460 PP.71 A small manufacturer of specialty welding equipment has developed a combination production plan for the next four

Please show work in excel 5,040 5,460 PP.71 A Please show work in excel

5,040 5,460 PP.71 A small manufacturer of specialty welding equipment has developed a combination production plan for the next four quarters, as seen below: Supply/Demand Info Pre-Q1 Q1 Q2 Q3 Q4 Forecast (demand) 5,880 5,460 Regular production 5,040 5,355 5,355 5,355 Subcontract production 105 Ending inventory 105 Hired employees 3 Fired employees Total employees 51 51 630 48 48 51 The table below shows additional relevant information: Capacity Information & Cost Variables Production rate (units/employee/quarter) 105 Subcontractor capacity (units/quarter) 550 Regular production cost/unit $74 Holding cost/unit/quarter $12 Hiring cost/employee $1,040 Firing cost/employee $2,750 Subcontract cost/unit $126 What is the overall total cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total holding cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total hire cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total fire cost for this production plan? (Display your answer to the nearest whole number.) Number

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