Question 1 [20 points! Shiny Rainbow Hotel and Resort has ordered 15 speedboats from Alpen Boat Company. Each boat will be designed and manufactured according to special requests from the customer. Alpen Boat Company always produces quality products for their customers; hence, they retain the highest market share in the country for the past five years. The factory manager of Alpen Boat, Elon Muskin, knows that manufacturing each boat requires 60 kilograms of polyethylene powder and a finishing kit (seat, rope, hardware, paint, etc.). The polyethylene powder used in these kayaks cost USD3.0 per kg, and the finishing kits cost USD165 each. To produce the company's requests, each boat will use two kinds of labor/worker: o 4 hours of less-skilled type A labor from worker who attach small components and other hardware, and o 2.5 hours of special-skilled type B labor from worker who run the oven and trim the plastic molding. The type Aworkers are paid USD12 per hour, and the type B workers are paid USD15 per hour. For the purposes of this problem, assume that manufacturing overhead is allocated to all jobs at a rate of 140% of direct labor costs. Instruction: a) Compute the cost of each individual speedboat as ordered by the company. Note that you should identify costs as direct materials, direct labor, or manufacturing overhead (15 points) b) Compute the total cost of the Alpen Boat Company order (5 points) c) If there are changes in the production cost structures as follows: each boat requires 60 kilograms of polyethylene and cost of nishing kit changed to $175 per kit. In addition, the manufacturing overhead is allocated to all jobs at a rate of 150% of direct labor costs. Calculate the new total production of each boat. Show the impact of these changes. (5 points)