Vary the workforce level to execute a chase strategy by producing the quantity demanded in the prior month. The December demand and rate of...

Vary the workforce level to execute a chase strategy by producing the quantity demanded in the priormonth. The December demand and rate of production are both 1,600 units per month. The cost of hiringadditional workers is $5,000 per 100 units. The cost of laying off workers is $7,500 per 100 units.Evaluate this plan by determining the total incremental cost.