Antonio Banderos & Scarves sells headwear that is very popular in the fall-winter season. Units sold are anticipated as follows: October 1,700 November 2,700 December 5,400 January 4,400 14,200 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. She will produce the 14,200 items at a level of 3,550 per month. a. What is the ending inventory at the end of each month? Compare the units sold to the units produced and keep a running total. (Do not leave any empty spaces; input a O wherever it is required. Negative values should be indicated by a minus sign.) Units sold Antonio Banderos & Scarves Units Produced Change in inventory Ending inventory October November December January

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Antonio Banderos & Scarves sells headwear that is very popular in the fall-winter season. Units sold are anticipated as follows:
October
1,700
November
2,700
December
5,400
January
4,400
14,200
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. She will produce the 14,200 items at a level of 3,550 per month.
a. What is the ending inventory at the end of each month? Compare the units sold to the units produced and keep a running total. (Do
not leave any empty spaces; input a O wherever it is required. Negative values should be indicated by a minus sign.)
October
November
December
January
Antonio Banderos & Scarves
Units
sold
Units
Produced
Change in
inventory
Ending
inventory
b. If the inventory costs $4 per unit and will be financed through the bank at 12 percent per annum, what is the monthly financing cost
nd the tatal farthe
2
H
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Transcribed Image Text:Antonio Banderos & Scarves sells headwear that is very popular in the fall-winter season. Units sold are anticipated as follows: October 1,700 November 2,700 December 5,400 January 4,400 14,200 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. She will produce the 14,200 items at a level of 3,550 per month. a. What is the ending inventory at the end of each month? Compare the units sold to the units produced and keep a running total. (Do not leave any empty spaces; input a O wherever it is required. Negative values should be indicated by a minus sign.) October November December January Antonio Banderos & Scarves Units sold Units Produced Change in inventory Ending inventory b. If the inventory costs $4 per unit and will be financed through the bank at 12 percent per annum, what is the monthly financing cost nd the tatal farthe 2 H < Prev 3 of 5 Next >
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