Problem $2-16$

Live Trap Corporation received the data below for its rodent cage production unit.

$\backslash$table$[[$OUTPUT$,$INPUT,$],[\backslash$table$[[50,590$ cages$],[$Sales price: $$3\mathrm{.}40$ per unit$]],\backslash$table$[[$Production time$],[$Wages$],[$Raw materials $($total cost$)],[$Component parts $($total cost$)]],\backslash$table$[[,642$ labor hours$],[$$$7,40$ per hour$],[$$$31,250$