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 1 Parameter Value Previous Month's (Month 0) Production in units 1400 Production cost per unit $190 Hiring cost per unit $50 Layoff cost per unit $90 Cost of holding inventory per unit per month $50 Cost of a backorder per unit per month $90 Table 2 Month Demand 1 800 2 1600 3 3100 4 4600 5 4000 6 2500 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.