Calculations Total Hours Required Engineering Labor Rate (1+ WACC %)/ Program Lifetime Volume = ED\&T Variable Cost + ED\&T + Amortized Capital = Piece Price Piece Price x Volume = Annual Turnover Annual Turnover Program Life + Tooling = Total Lifetime Costs ED\&T Labor Budget (Man Hours) VARIABLE COST Challenge You are the Commodity Buyer with responsibilities to procure the Crankshaft Forgings for all new 2027 F-150. This program will have a 6-year Product Life Cycle with an annual volume of 900,000 . Your commodity strategy consists of 3 Suppliers who each have the capabilities to design and build crankshafts for all four of the engine variants: 2.7L,3.3L Hybrid, 3.5L,5.0L