Quarter Sales Forecast (use this forecast for ALL problems). I. 100 II. 120 III. 200 IV. 100 520 Use the spaces between the questions to write-in your answers, if the question asks you to do so. Follow all instructions exactly. Remember to submit a completed copy of the worksheet to support your answers to questions 2-5. (NOTE that Quarter 1 will be abbreviated as Q-I, Quarter 2 as Q-II, etc.) (NOTE: Question 1 is a stand-alone question and has nothing to do with the remaining questions. Do not use the worksheet for this problem. Show your work in the space provided.) The beginning inventory in Q-I is 50. The required ending inventory in Q-IV is 30 (which implies no back orders at the end of Q-IV). Sales occur according to the forecast. A level output plan is required. From this plan, answer questions 2 through 5. 2. What is the quarterly output rate? 3. What is the highest amount of inventory that appears in this plan? 4. Inventory Carrying Cost is $5.00 per unit per quarter based upon the average inventory in each quarter. What is the total carrying cost incurred using this plan? (Show your calculations and CIRCLE your answer.)