Calculate the numerical value of the quantity asked.A chocolate company makes a variety of chocolates in three factories. The demand for chocolates is very seasonal, with peaks during the winter months and valleys during the summer months. Given the following costs and quarterly sales forecasts, determine the cost of level production strategy.Quarter Sales Forecast (in pounds)January–March 80,000April–June 50,000July–September 1,20,000October–December 1,50,000Hiring cost = $100 per workerFiring cost = $500 per workerInventory carrying cost = $0.50 per pound per quarterRegular production cost per pound = $2.00Production per employee = 1000 pounds per quarterBeginning workforce = 100 workers

1. Calculate materials needed (in pounds) for production in each month of April, May, and June.

A manufacturing firm is preparing its production budget for the year. Projected sales are as follows: Q1 Q2 Q3 Q4 Sales budget (units) 75 122 203 188 The firm's policy is to have finished goods inventory equal to 25% of next month's projected sales. The opening inventory in Q1 is 120 units. How many units need to be produced in Q3? (hint - you need to remember to calculate the opening inventory for Q3)

The budgeted level of production can be calculated using which of the following formulas?Multiple choice question.Required production = Budgeted sales – Units in ending inventory – Units in beginning inventoryRequired production = Budgeted sales – Units in ending inventory + Units in beginning inventoryRequired production = Budgeted sales + Units in ending inventory + Units in beginning inventoryRequired production = Budgeted sales + Units in ending inventory – Units in beginning inventory

Question: A manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate plan to meet this demand given this additional information: A level production rate of 100 units per month will be used. Back orders are allowed, and they are charged at the rate of $8 per unit per month. Inventory holding costs are $1 per unit perA manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate plan to meet this demand given this additional information: A level production rate of 100 units per month will be used. Back orders are allowed, and they are charged at the rate of $8 per unit per month. Inventory holding costs are $1 per unit per month in ending inventory. Determine the cost of this plan if regular time cost is $20 per unit and beginning inventory is zero.Month Forecast1 802 1003 1204 1105 1006 90

Manico Company produces three products-X, Y, & Z-with the following characteristics: XYZSelling price per unit$21.00$17.00$16.00Variable cost per unit12.6012.756.40Contribution margin per unit$ 8.40$4.25$9.60 === ======= ====== ====Machine hours per unit536The company has only 2,000 machine hours available each month. If demand exceeds the company's capacity, in what sequence should orders be filled if the company wants to maximize its total contribution margin? Question 19Answera.Orders for Y first, X second, and Z thirdb.Orders for X first, Z second, and Y thirdc.Orders for Z first, X second, and Y thirdd.Orders for Z first and no orders for X or Y