Mathlab scrips. Comment each section clearly explain

7 6. A furniture shop must purchase bolts of fabric to manufacture several lines of furniture. The table below lists the different materials, the cost per "bolt" of material, and the total number of bolts in the months of May, June, and July. Cotton Print Cotton Stripe Light Brown Leather Dark Brown Leather Micro-fiber Price per bolt $300 $350 $400 $550 $250 Bolts Bolts Bolts Purchased Purchased Purchased in May in June in July 5 4 3 24 5 5 2 T4 T Use MATLAB to perform the following tasks: a. Create a 5x3 matrix containing the amounts spent on each fabric for each month. b. What is the total spent on all fabrics in May June July? c. What is the total spent on each material in the three-month period? d. What is the total spent on all materials in the three-month period? Answer: Part a) monthly expenses = 1500 1200 1800 1050 700 1400 2400 2000 1200 1650 2750 2200 500 1000 750 Part b) Total expenses for May = $7,100; for June = $7,650; for July = $7,350 Part c) The total spent on each material in the three-month period = $4500, $3150, $5600, $6000, $2250 Part d) What is the total spent on all materials in the three-month period = $22,100