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A large architectural firm has just landed a contract to build a hospital. Eight architects currently work 40 hours: per weok in this firm, and

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A large architectural firm has just landed a contract to build a hospital. Eight architects currently work 40 hours: per weok in this firm, and all are avallable to work fultitime on this project. The managers estimate that they need 400 architect-hours per week for 20 weeks to complete this project. Archifects earn $600 per 40 -hour week. Suppose that there is a fixed cost of hiring an archifect of $2,000. (This cost reflects the advertising costs, interviewing costs, and so forth.) The firm's curront architects are wiling to work overtime to complete this project if they receive 1.6 times their usual wage rate for any hours in excess of 40 hours per woek. In this situation, the fotal overtime wages the managers would pay for the projoct will be s

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