Techno Gadgets Corp. produces J-Pods, music players that can download thousands of songs. Techno Gadgets forecasts that demand in 2020 will be 19,800 J-Pods. The variable production cost of each J-Pod is $55. In its MRP system, due to the large $17,600 cost per setup, Techno Gadgets plans to produce J-Pods once a month in batches of 1,650 units. The carrying cost of a unit in inventory is $16 per year. Read the requirements LOADING... . Question content area bottom Part 1 Requirement 1. Using the MRP system, what is the annual cost of producing and carrying J-Pods in inventory? (Assume that, on average, half of the units produced in a month are in inventory.) Begin by determining the formula, then calculate the annual cost of producing and carrying J-Pods in inventory, using an MRP system. (Round your answer to the nearest whole dollar.) Cost of producing Total variable production cost + Total setup cost + Cost per each setup = and carrying 1089000 + 211200 + =
Techno Gadgets Corp. produces J-Pods, music players that can download thousands of songs. Techno Gadgets forecasts that demand in 2020 will be 19,800 J-Pods. The variable production cost of each J-Pod is $55. In its MRP system, due to the large $17,600 cost per setup, Techno Gadgets plans to produce J-Pods once a month in batches of 1,650 units. The carrying cost of a unit in inventory is $16 per year. Read the requirements LOADING... . Question content area bottom Part 1 Requirement 1. Using the MRP system, what is the annual cost of producing and carrying J-Pods in inventory? (Assume that, on average, half of the units produced in a month are in inventory.) Begin by determining the formula, then calculate the annual cost of producing and carrying J-Pods in inventory, using an MRP system. (Round your answer to the nearest whole dollar.) Cost of producing Total variable production cost + Total setup cost + Cost per each setup = and carrying 1089000 + 211200 + =
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Techno Gadgets
Corp. produces J-Pods, music players that can download thousands of songs.
Techno Gadgets
2020
will be
19,800
J-Pods. The variable production cost of each J-Pod is
$55.
In its MRP system, due to the large
$17,600
cost per setup,
Techno Gadgets
plans to produce J-Pods once a month in batches of
1,650
units. The carrying cost of a unit in inventory is
$16
per year.Read the
requirements
LOADING...
.Question content area bottom
Part 1
Requirement 1. Using the MRP system, what is the annual cost of producing and carrying J-Pods in inventory? (Assume that, on average, half of the units produced in a month are in inventory.)
Begin by determining the formula, then calculate the annual cost of producing and carrying J-Pods in inventory, using an
MRP
system. (Round your answer to the nearest whole dollar.)|
|
|
|
|
|
|
Cost of producing
|
|
Total variable production cost
|
+
|
Total setup cost
|
+
|
Cost per each setup
|
=
|
and carrying
|
|
1089000
|
+
|
211200
|
+
|
=
|
|
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