Poseidon meter, inc., makes a variety of water meters. data for the past year indicate a worker can make, on average, 100 meters per four-week period. the forecast for the next four periods is 1200, 1200, 1000, and 1000 meters, respectively. beginning inventory 0 unitsinitial workforce size 10 workersproduction and costswages $1,500/worker/periodinventory $1/meter/period (based on average inventory during each period)back order $2/meter/period (based on back orders at end of period)hiring $1,000/workerlayoff $2,000/workerdevelop a constant work force plan for the next four periods. summarize the plan, its costs, and its consequences.

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i.e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000