please answer all parts of the question within 30 minutes with detailed explanation. Make sure calculation form part of the answer and are in details for better understanding. If calculations are not shown or are poorly done i will surely give negative ratings. 1) Consider a warehouse with an area of 5,000square meters, fully racked four pallets high, and3,890 pallet spaces available. The component costsin the warehouse are listed in the table below:Cost$ per annumRent$150,000Warehouse executive's wages$344,680Overtime salary$46,500Fire insurance$8,500Racking depreciation$15,000Maintenance$20,000Heat and light$18,750a. Calculate the total fixed cost, total variable cost on ayearly basis.b. Assume that the average pallet that is used for storageis 3,200 pallets. Calculate the pallet space utilization ofthe warehouse.

Fixed Cost are those costs which does not change according to the level of Production. It remains…

please answer all parts of the question within 30 minutes with detailed explanation. Make sure calculation form part of the answer and are in details for better understanding. If calculations are not shown or are poorly done i will surely give negative ratings.

please answer all parts of the question within 30 minutes with detailed explanation. Make sure calculation form part of the answer and are in details for better understanding. If calculations are not shown or are poorly done i will surely give negative ratings.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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