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Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you
Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here. Month Forecasted sales Sales in worker hours to meet Actual Actual sales average = 257 workers production Layoffs Hiring Ending inventory 251 2,500 Click the icon to view the costs table. Click the icon to view the forecasted sales. Fill in the production plan table below (enter your responses as whole numbers). March 1,470 Totals Costs Cost of plan Planning values Starting inventory Starting and ending workforce Hours worked per month per worker Hours per unit Hiring cost per worker Layoff cost per worker Monthly per-unit holding cost Layoff Hiring Inventory 256 256 30,000 $896,000 $1,280,000 $270,000 $2,446,000 2,500 251 175 25 $5,000 $3,500 $9 Forecasted Month sales March 1,470 April 1,386 May 1,155 June 861 July 1,239 August 1,757 September 2,184 October 2,198 November 2,548 December 2,653 January 2,254 February 1,897
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