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11 Test Company currently uses 2.5 machine hours per unit to produce a product. By redesigning the product, the time required can be reduced to

11 Test Company currently uses 2.5 machine hours per unit to produce a product. By redesigning the product, the time required can be reduced to 2.3 machine hours per unit. Machine cost is $25 per machine hour. Test Company produced 2.000 units in the most recent period Determine the total nonvalue-added cost for the period. Note: Give your answer using dollar signs and commas but no decimal points (cents) Example: $12,345 $10,000

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