Josie Gall's firm has develped the following supply, demand, cost and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Period Reg time OT Subcontr Demand Forecast 30 10 30 35 12 25 3. 30 10 35 Initial inventory Regular time cost/unit overtime cost/unit Sub contract cost/unit Carrying cost/unit/month 50 units 50 100 150 3 What is the final cost? (Put in whole numbers. If your answer is $7,204 put 7204)

Josie Gall's firm has develped the following supply, demand, cost and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Period Reg time OT Subcontr Demand Forecast 30 10 30 35 12 25 3. 30 10 35 Initial inventory Regular time cost/unit overtime cost/unit Sub contract cost/unit Carrying cost/unit/month 50 units 50 100 150 3 What is the final cost? (Put in whole numbers. If your answer is $7,204 put 7204)

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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A7