4. It has been determined that the backboards and rims need to be upgraded in the arena and on the 3 practice courts in the complex. Listed below is the product tree you were given by a friend for one backboard and rim system. Backboard and Rim System PHC=35 Backboard Assembly Rim Assembly PHC=25 PH 32 Glass Padding Bolts Bracket Rim Net Screws PHC=3 M=400 PH=5 M=25 PHC=0 M=5 PH=12 M=25 PHC=15 M-45 PHC=22 M=15 PHC=0 M=2 a. Estimate the final cost for 8 backboard and rim systems by completing the following table. Level Description Qty Next Unit Material Cost Unit Labor cost Total Unit Cost Material Cost Next Assembly Lot Quantity Total Job Cost Backboard and Rim 1 System 2 Backboard assembly 3 Glass 3 Padding 3 Bolts 2 Rim Assembly 3 Bracket 3 Rim 3 Net 3 Screws b. (5 points) In addition to the cost of the 8 backboard and rim systems, you must pay for installation in the arena and the practice courts. If you are only willing to pay a 25% mark-up on total cost for the backboard and rim systems along with installation, what should the cost of installation be for the 8 backboard and rim systems. 4. It has been determined that the backboards and rims need to be upgraded in the arena and on the 3 practice courts in the complex. Listed below is the product tree you were given by a friend for one backboard and rim system. Backboard and Rim System PHC=35 Backboard Assembly Rim Assembly PHC=25 PH 32 Glass Padding Bolts Bracket Rim Net Screws PHC=3 M=400 PH=5 M=25 PHC=0 M=5 PH=12 M=25 PHC=15 M-45 PHC=22 M=15 PHC=0 M=2 a. Estimate the final cost for 8 backboard and rim systems by completing the following table. Level Description Qty Next Unit Material Cost Unit Labor cost Total Unit Cost Material Cost Next Assembly Lot Quantity Total Job Cost Backboard and Rim 1 System 2 Backboard assembly 3 Glass 3 Padding 3 Bolts 2 Rim Assembly 3 Bracket 3 Rim 3 Net 3 Screws b. (5 points) In addition to the cost of the 8 backboard and rim systems, you must pay for installation in the arena and the practice courts. If you are only willing to pay a 25% mark-up on total cost for the backboard and rim systems along with installation, what should the cost of installation be for the 8 backboard and rim systems