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EN$-$US

Samira Sports specializes in cricket bats that sell especially weir the sporb a

early summer season. A projection of units sold is as follows:

The company decides to go with level production to avoid being out of merchandise.

They will produce the

$3$

$0$

$,$

$0$

$0$

$0$

$$items over the four months at a level production of

$7$

$.$

$5$

$0$

$0$

$$per month. Inventory costs $

$2$

$0$

$$per unit and will be financed through the bank

at

$7$

$\%$

$$per year.

What is the total financing cost for the four months?