Homework: Chapter 7 Homework Score: 0.35 of 2 pts &E7-30 (similar to) Save 1 of 6 (1 complete) HW Score: 2.32%, 0.35 of 15 pt Question Help Bigsby Company introduced JIT manufacturing last year and has prepared the following data to assess the benefits from the change (Click the icon to view the data.) Inventory financing costs are 12% per year. Support costs are based on a time-driven activity-based costing analysis Requirement Estimate the total financial benefits that resulted from the switch to JIT manufacturing operations Complete the following analysis of the sales and costs to estimate the total financial benefits that resulted from the switch to JIT manufacturing operations. (Leave unused cells blank.) Before the After the Change Data Table Change Sales Costs CATEGORY BEFORE THE CHANGE AFTER THE CHANGE 25 days $ 70,000 S 1,500,000 Production cycle time 50 days 270,000 Total sales S 900,000 Costs as percent of sales Direct materials Direct labor Support 15% 25% 17% 10% 20% 12% Profit Print Done