You have been asked by your supervisor to develop a cost estimate for a new industrial automated vehicle being designed for a unique market. The data below has been collected for your use, your estimate will include the following items: labor costs (LC), materials costs (MC), rework costs (RC), scrap costs (SC), and overhead costs (OC). Thus, your total cost (TC) estimate should be: TC=LC+MC+RC+SC+OC.

MATERIAL COSTS DATA: Below is the material parts list in WBS format WBS # Part Description Quantity Unit Costs 1.0 CHASSIS SYSTEM 1.1 Tires $300 1.2 Axle assemblies 2 $1,500 1.3 Steering system $2,500 1.4 Braking systems 2 $750 2.0 DRIVE TRAIN SYSTEM 2.1 Motor $3,000 ---- 2.2 Transmission assembly $2,200 2.3 Drive Shaft assembly $500 2.4 Differential assembly $1.200 3.0 VISION SYSTEM 3.1 Cabling bundles 2 $800 3.2 Controller boards 4 $1,250 3.3 Sensors 10 $475 3.4 Display assemblies $1,800 4.0 ADVANCED TECH SYSTEMS 4 $2,500 OTHER DATA: Below are other data for your use Item Data Labor costs $30 per hour, per worker Rework costs $800 per 10 units produced Scrap costs $280 per 10 units produced Overhead costs $50,000 fixed + ($75)(Production quantity) Number of workers 15 workers Production quantity 100 units Production rate 3 worker labor hours required to produce 1 unit