Number 37. The Denver Chickens are a semi-pro basketball team in the USA. See the estimates below from The Denver Chickens accounting department for the water bottles made that are sold at the game:

Costs Average hourly wage per factory worker: $8 Plastic cost cost per case: $2 Additional costs per case: $3 Material cost per water bottle: $0.25 Other case costs: $86

The process of creating water bottles takes 3 hours per batch, involving 4 workers. 64 cases of water are created in one batch. Water is shipped in wooden boxes. Every wooden box includes 8 containers of water with 16 bottles in each container.

Please answer the following three questions

1)Assuming the company produces 750 water cases per quarter, what is the total quarterly production cost? 2)Water bottles will be sold for $7 a bottle- what is the contribution margin per container of water bottles? 3)Cost estimate formula for producing a single batch of water?