Given the following data: Period 1 2 3 4 5 6 7 8 Gross Requirements 11 12 23 16 13 18 11 16 The beginning inventory is 0 and there are no scheduled receipts. The order cost is 40 and the holding cost is $1 per part per period. What are the order costs over the 8 periods using the lot-for-lot size rule

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer