Determine the total production requirement for the month, Financial Accounting

A Company policy calls for keeping safety-stock equal to 25% the forecasted demand for that month.  The company currently has a work force of 12 people.  It takes a worker 3 hours to produce a unit.  Assume 8 work hours per day and 20 work days per week.

                                      Demand Data

                                  Jan.    Feb.    March

Beg. Inventory             200

Forecast demand            500    300    600

a.Determine the total production requirement for the month of February.

b.Determine the beginning inventory for the month of March.

c.Determine the total number of units current work force of 12 workers can produce in a month.

d. Determine the total number of workers needed to produce 960 units in a month.

Posted Date: 3/26/2013 8:17:00 AM | Location : United States







Related Discussions:- Determine the total production requirement for the month, Assignment Help, Ask Question on Determine the total production requirement for the month, Get Answer, Expert's Help, Determine the total production requirement for the month Discussions

Write discussion on Determine the total production requirement for the month
Your posts are moderated
Related Questions
Assume that prices and wages adjust rapidly so that the markets for labor, goods, and assets are always in equilibrium. What are the effects of each of the following on real money

Middlehurst House is a daycare center/preschool which operates as a partnership of George Friedman and Bill Compton. The center is in a city that has a large base of twoincome fami

Can you show me how to solve these problems? PLEASE!!! I can't figure out how to solve these. :-( 1.Briarcrest Condiments is a spice-making firm. Recently, it developed a new

Question: The manager of Ben and Jerry's Ice Cream is told that the direct material quantity variance for cherries in Cherries Garcia Ice cream is favorable. What could explain thi

d. Prepare the summary journal entry required to transfer finished component kits from the Cutting Department to the Finishing Department in January. e. Compute the total cost assi

Any non-quantifiable factors you feel might influence the decision to accept the proposal. Net present value methods are merely assessments of factors that we can quantify. The

Terry Corporation had 300,000 shares of common stock outstanding at December 31, 2010. In addition, it had 90,000 stock options outstanding, which had been granted to certain execu

DISSOLUTIONS A partnership may be dissolved due to various reasons which include: Poor trading that has led to losses A partner dying or leaving the firm The time

On December 31, 2010, the stockholders' equity section of Arndt, Inc., was as follows: Common stock, par value $10; authorized 30,000 shares; issued and outstanding 9,000 shares $

difference between carriage inwards and carriage out wards