A firm wants to develop a level material use schedule based on the following data. What should be the setup$$ cost$?($Round answer to two decimal$$ places.$)$

Desired lot$$ size:

$7070$

Annual$$ demand:

$10,000$

Holding$$ cost:

$ $50$$$50$

per unit per year

Daily production$$ rate:

$100$

Workdays per$$ year:

$250$

Part $2$

A$.$$ $4\mathrm{.}90$

$ $4\mathrm{.}90$$$4\mathrm{.}90$

B$.$$ $14\mathrm{.}70$

$ $14\mathrm{.}70$$$14\mathrm{.}70$

C$.$$ $8\mathrm{.}94$

$ $8\mathrm{.}94$$$8\mathrm{.}94$

D$.$$ $7\mathrm{.}35$

$ $7\mathrm{.}35$$$7\mathrm{.}35$

E$.$$ $0\mathrm{.}11$

$ $0\mathrm{.}11$