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Madonna's Clothiers sells scarves that are very popular in the foll winter season Units sold are anticipated as follows: October November December January 1,350 2,150

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Madonna's Clothiers sells scarves that are very popular in the foll winter season Units sold are anticipated as follows: October November December January 1,350 2,150 4,200 3,700 12,100 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 100 optimistic and decides to go with level production to avoid being out of merchandise. He will produce the 12,100 items at a level of 3.025 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 o O wherever it is required. Negative values should be indicated by a minus sign) Units Madonna's Clothes units Change in Produced Inventory sold Endine inventory October November December January 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 no wherever it is required. Negative values should be indicated by a minus sign.) Units sold Madonna's Clothiers Units Change in Produced inventory Ending Inventory October November December January b. If the inventory costs $1 per unit and will be financed through the bonk 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 o o wherever it is required) Twentory Financing cost $ October November December January Total financing cost

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