RESOLVE SHOWING ALL THE CALCULATIONS.

FIRST STEP: RESOLVE QUESTION $1.$ The planning values and the forecasted sales for the single product produced by Page Ltd$.,$ are given below. Complete a chase production plan and calculate the cost of the plan.

Hours required per unit $10$

Hours worked per employee per month $160$

Allowable overtime per employee per month $16$ hours

Maximum capacity $400$ workers $(6400$ units$)$

Starting and ending workforce $385$ workers

Starting inventory $200$ units

Hiring cost per employee $1,000$

Layoff cost per employee $900$

Holding cost per unit per month $15$

Regular production cost per unit $40$

Overtime production cost per unit $45$

SECOND STEP QUESTION $2.$Devise a level production plan from the data in QUESTION $1$ and develop a cash flow analysis using a selling price of $55$ per unit, USING THE ATTACHED TABLE