A UAE based company of Solar Panel supplies has developed monthly forecasts for a family of products. Data for the 6-month period January to June and cost information are presented in the tables fand 2 below. Use Plan 2-by using subcontractors with constant workforce at lowest demand per day and calculate Total Cost of the Plan Table 1 PRODUCTION DAYS DEMAND DE MAND FORECAST PER DAY 1.073 16 903 21 1,000 24 1,000 24 1,272 22 1,368 29 $ per unit 95 per hour (Working hours per day) 1.6 hours per unit MONTH Jan Feb Mar Apr May June Table 2 Cost Information Subcontracting cost per unit Average pay rate Labor hours to produce a unt

A UAE based company of Solar Panel supplies has developed monthly forecasts for a family of products. Data for the 6-month period January to June and cost information are presented in the tables fand 2 below. Use Plan 2-by using subcontractors with constant workforce at lowest demand per day and calculate Total Cost of the Plan Table 1 PRODUCTION DAYS DEMAND DE MAND FORECAST PER DAY 1.073 16 903 21 1,000 24 1,000 24 1,272 22 1,368 29 $ per unit 95 per hour (Working hours per day) 1.6 hours per unit MONTH Jan Feb Mar Apr May June Table 2 Cost Information Subcontracting cost per unit Average pay rate Labor hours to produce a unt

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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