Lifetime has collected demand forecasts for its kayaks in Table 2. They would like to compare the total cost of two plans: 1) A chase strategy using hires/layoffs with no inventory and backorders; and 2) A Level strategy using inventory and backorders. To help with the comparison, they have obtained other relevant costs and production information in Table 1. They will start the planning horizon with 0 units in initial inventory. Assume all backorders accumulate. Table 2 Compute the total cost of production for the Chase Strategy using hires and layoffs. - Enter your final answer rounded to the nearest tenth of a dollar