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
Completely and incompletely constituted trusts   In all cases the trust must be completely constituted.  A trust is completely constituted when the trust property has been vested

Presented below are condensed financial statements adapted from those of two actual companies competing as the primary players in a specialty area of the food manufacturing and dis

Attribution When individuals monitor performance they attempt to determine if it is inner or outer caused. "Inner caused" means 1 believes that an event was under the personal

Identify the Depreciation Methods On January 3, 2005, XYZ Distribution Co. paid $224,000 for a computer system. In addition to the basic purchase price, the company paid a set

Statement to ascertain profit in analysis method and comparison method, and reconstructed using ledger

You are a Senior Financial Manager in the recently privatised Sodor Railway Engineering Corporation Plc (SREC). (a) Subsequent to privatisation the Chief Executive Officer of SR

During summer of 2006, China increased their reserve requirement for the banking system while maintaining a fixed target for the interbank lending interest rate. Draw a graph of th

Introduction to Pension funds Pension funds are normally set up to provide pension benefits to employees who have retired. The pension funds receive contributions mainly from e

Q. What is Asset? Asset - An economic resource which is expected to be of benefit in the future. Probable futureeconomic benefits attained as a result of past transactions or e

when youre using accounting software why would you use hot keys and shortcuts a.to quickly access commands b.to input data for you c.to start the program d.to write checks