3. Newton Ltd manufactures three products. The expected production levels for each product are shown below.

	Product 1	Product 2
Budgeted production in units	2,700	4,100

Two types of labour are used in producing the three products. Standard times per unit and expected wage rates for the forthcoming year are shown below:

	Product 1	Product 2
Hours per unit
Skilled labour	3	1
Semi-skilled labour	4	4

Skilled labour is to be paid at the rate of $9/hour and semi-skilled labour at the rate of $6/hour.

Required:

Complete the following: (Marks 5)

• The number of hours of skilled labor required is
• The cost of this labour is $

• The number of hours of semi-skilled labor required is
• The cost of this labour is $