12. The following information relates to a company's aggregate production planning activities: Quarter Demand Forecast 1 25,000 2 50,000 3 35,000 4 60,000 Beginning Workforce = 50 workers Production per Employee = 250 units per quarter Hiring Cost = $1000 per worker Firing Cost = $1,500 per worker Inventory Carrying Cost = $15 per unit per quarter If a level production strategy is used then the total cost of the plan (hiring cost, firing cost and inventory carrying cost) would be A) $120,000 B) $377,500 C) $675,000 D) $795,000