The sales forecast of camping tents are presented in the following table: Month January February March...
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The sales forecast of camping tents are presented in the following table: Month January February March Sales forecast 950 850 800 750 April May June 700 500 Given that • Regular production cost = S400 • Overtime production cost = S450 • Average monthly inventory holding cost $3 per tent per month • Average labor hour per tent= 15 hours Hours worked per month per employee= 160 hours Requirements 1- Translate the Sales Forecast into Resource Requirements (labour hours) 2- Translate the Sales Forecast into Resource Requirements (number of worker). Given that : The monthly regular production will be maintained at 1100 The ending inventory of last December is 100. No overtime production 3- Calculate the ending inventory for the six months. 4- Calculate the monthly regular production costs. 5- Calculate the monthly inventory holding costs. The sales forecast of camping tents are presented in the following table: Month January February March Sales forecast 950 850 800 750 April May June 700 500 Given that • Regular production cost = S400 • Overtime production cost = S450 • Average monthly inventory holding cost $3 per tent per month • Average labor hour per tent= 15 hours Hours worked per month per employee= 160 hours Requirements 1- Translate the Sales Forecast into Resource Requirements (labour hours) 2- Translate the Sales Forecast into Resource Requirements (number of worker). Given that : The monthly regular production will be maintained at 1100 The ending inventory of last December is 100. No overtime production 3- Calculate the ending inventory for the six months. 4- Calculate the monthly regular production costs. 5- Calculate the monthly inventory holding costs.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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