Question $6(15$ points$)$

DDT precision manufacturing runs an automated production operation, the starting work part cost $=50$ cents

each, and the cycle time is captured in the table below.

Equipment cost rate $=R\frac{30\mathrm{.}00}{h}r,$ and labor cost rate $=R\frac{25\mathrm{.}00}{h}r.$ Both

rates include overhead costs. Tooling cost $=$ R$0\mathrm{.}08/$pc$.$ Availability of the production

machine $=96\%,$ and the scrap rate $=3\%.$

Determine the following

Production rate and

Finished part cost.