Discman Pty Ltd is local Australian company deals in manufacturing of automotive DVD system. The production cycle of the company generates the following three Key documents in product design and Planning and schedule are mentioned as below:

Bill of Materials: list of components that are required to build each product, such as: descriptions, product numbers, quantity

Operations list: list the sequence of steps required to produce each product including equipment needed, the amount of time needed

Master Production schedule. The schedule of entire production of the product line

Below are the documents generated by Discman cost accounting system:

Bill of Materials

Finished Product: DVD Player

Part Number

105

125

148

155

173

195

199

Description

Control Unit

Back Panel

Side Panel

Top/Bottom Panel

Timer

Front Panel

Screw

Quantity

1

1

2

2

1

1

6

Operations List for: Create Side Panel

Operation Number

105

106

124

142

155

Description

Cut to shape

Corner cut

Turn and shape

Finish

Paint

Machine Number

ML15-12

ML15-9

S28-17

F54-5

P89-1

Standard Time (m:s)

2:00

3:15

4:00

7:10

9:30

Required:

1)Please calculate how many side panels should the company budget for use in week two? Show your working.

2)How many labor hours should the company budget in week three to produce all side panels needed? Round to the nearest hour, if necessary.

Step by step working needed. Thank you