Question One (5 points) ed a baseball manufacturing company producing baseballs that anyone can hit a home calling his company, "Super-Juiced Baseball Manufacturing". Super-Juiced became a company during its first year. Super-Juiced had sales of $13,157,333.00. At the end of very successful the ye ur, super-Juiced has $28,000 worth of inventory of baseballs ready to ship. ssuming that Super Juiced has a markup of 210% on all baseballs, how many times did Super- Juiced turn its inventory during the year? A. A Super Juiced uses a 20% annual cost of capital (annual inventory cost). Barry has analyzed the numbers and determined on a $10 baseball, the inventory cost of that $10 baseball is only costing im 50.20. Is he correct? If not, what is the actual inventory cost for the $10 baseball? You may assume inventory turns are independent of the price. B. Question Two (10 points) A chair manufacturer assembles chairs according to the following four-step process: Number of Workers 21 16 10 13 Time to Complete Ste Apply fabric cover to cushion 24.8 minutes Attach cushion to frame Connect frame to base Attach wheels to base 20.2 minutes 11.3 minutes 15.9 minutes A. B. C. Draw a complete flow-diagram of the process What is the resource utilization of each step? What is the average labor utilization of the work members of the process, ignoring the production of the first and last units made? Assume the workers are paid $1 5/hour. What is the cost of direct labor in each chair? D