20-29 JIT purchasing, relevant benefits, relevant costs.

• 1.Calculate the estimated dollar savings (loss) for the Greene Corporation that would result in 2014 from the adoption of JIT purchasing.
• 2.Identify and explain other factors that Greene should consider before deciding whether to adopt JIT purchasing.

Revenues (900,000 units)Cost of Goods SoldVariable costsFixed costsGross MarginMarketing & Distribution CostsVariable costsFixed costsOperating Income $5,400$2,025$725 $450$750...