Q.2. The fixed operating cost of a machine center (capital recovery, interest, maintenance, space charges, supervision, insurance, and taxes) is F Lira per year. The variable cost of operating the center (power, supplies, and other items but excluding the direct labor) is V Lira per hour of operation. If N is the number of hours the center is operated per year, TC the annual total cost of operating the center, TCh the hourly cost of operating the center, t the time in hours to process 1 unit of product, and M the center cost of processing 1 unit, write expression for. a) TC b) TCh c) M (10 Marks) (10 Marks)