Question: A production process has a 4 percent defect rate. The current production rate is 49 units per hour, and there is a cost of $10

A production process has a 4 percent defect rate. The current production rate is 49 units per hour, and there is a cost of $10 per defective unit to correct the defects.

a. Using the info given, what will be the hourly cost of defects? Round your answer to 2 decimal places (e.g., $123.45)

Cost per hour _______

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