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)

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 22BEA: Inventory Valuation under Variable Costing Refer to the data for Judson Company above. Required: 1....

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