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A company makes hair dryers. It buys some components but makes the heating element which it can produce at the rate of 8 7 2

A company makes hair dryers. It buys some components but makes the heating element which it can produce at the rate of 872 per day.
Dryers are assembled every day, 228 days per year, at the rate of 322 per day.
Because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 1,752 units.
Assuming the setup cost per element is $5, the holding cost per element is $1.2, and batch sizes are as given, what is the total cost to produce these elements? (Round to the nearest dollar)
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