please answer both questions

Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 300 days. Setup labor cost Annual holding cost $60.00 per hour $19 per unit 880 units/day Daily production (8 hours) Annual demand for steering wheels Desired lot size (2 hours of production) 36,000 (300 daysx daily demand of 120 units) Q = 220 units a) Setup cost = $ b) Setup time = (round your response to two decimal places). minutes (round your response to two decimal places)