If Seasonal production is used, it is assumed that inventory will directly match sales for each month and there will be no inventory buildup. The production manager thinks the above assumption is too optimistic and decides to go with level production to avoid being out of merchandise. He will produce the 11,500 items at a level of 2,875 per month a. What is the ending Inventory at the end of each month? Compare the units sold to the units produced and complete the table below. (Do not leave any empty spaces: Input a wherever it is required. Negative values should be indicated by a minus sign.) Madonna's Clothiers Units Change in Produced Inventory 2875 625 Ending inventory Units sold 90 2256 4500 3500 Detober November December January 2250 b. If the inventory costs $8 per unit and will be financed through the bank at 12 percent per annum, what is the monthly financing cost and the total for the four months? (Use 1 percent or the monthly rate.) (Do not leave any empty spaces; input a wherever it is required.) Inventory tinaning cost Detober November December Jay Total financing cost