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Bambino Sporting Goods makes baseball gloves that are very popular In the spring and early summer season. Units sold are anticipated as follows: table

Bambino Sporting Goods makes baseball gloves that are very popular In the spring and early summer season. Units sold are anticipated as follows:
\table[[,Monthly Unit],[March,Sales],[April,3,700],[May,7,700],[June,12,400],[Total units sold,10,400]]
If seasonal production is used, it is assumed that inventory will directly match sales for each month and there will be no Inventory bulldup.
The production manager thinks the preceding assumption is too optimistic and decides to go with level production to avold belng out of merchandise. He will produce the 34,200 units over four months at a level of 8,550 per month.
a. What is the ending Inventory at the end of each month? Compare the unit sales to the units produced and keep a running total. Note: Leave no cells blank be certaln to enter 'O' wherever required.
\table[[,Ending Inventory],[March,,units],[April,,units],[May,,units],[June,,units]]
b. If the Inventory costs $12 per unit and will be financed at the bank at a cost of 6 percent, what Is the monthly financing cost and the total for the four months? (Use 0.5 percent as the monthly rate.)
Note: Leave no cells blank be certaln to enter 'O' wherever requlred.
\table[[,\table[[Inventory],[Financing Cost]]],[March,],[April,],[May,],[June,],[Total financing cost,]]
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