Determine the total production requirement for the month, Financial Accounting

Assignment Help:

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.


Related Discussions:- Determine the total production requirement for the month

Peer review, Peer Review - Process by which an accounting firm's practice i...

Peer Review - Process by which an accounting firm's practice is evaluated for compliance with professional standards. Objective is achieved through the performance of an independen

Good will on consolidation-consolidated balance sheet, Good will on consoli...

Good will on consolidation Good will on consolidation arises when the purchase consideration paid by the holding company is different from the value of the net assets acquired i

ACCOUNTING DECISIONS, DO ACCOUNTANTS EVER REALLY MAKE IMPORTANT DESIONS?

DO ACCOUNTANTS EVER REALLY MAKE IMPORTANT DESIONS?

What is the required rate of return, a) Company X is expected to maintain a...

a) Company X is expected to maintain a constant 7% growth rate in their dividends, indefinitely. If the company has a dividend yield of 4%, what is the required return on their sha

Determine the total production requirement for the month, A Company policy ...

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

Cash budget, why good judgement is important when making budgeting decision...

why good judgement is important when making budgeting decisions

Artificial intelligence and neural networks, examine the resemblance betwee...

examine the resemblance between Artificial intelligence and neural networks

What is audit sampling, Q. What is Audit Sampling? Audit Sampling - App...

Q. What is Audit Sampling? Audit Sampling - Application of an AUDIT procedure to less than 100% of items within anaccount BALANCE or class of transactions for purpose of evalua

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd