Refer to Exhibit 7.7, the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. The chef's time is valued at $30 per hour, oven operation at $10 per hour, precooking order waiting time at $5 per hour, and postcooking order waiting time at $60 per hour. The $60 estimate reflects the cost of poor quality for a dinner waiting too long that might be delivered to the customer late (and cold). If a restaurant uses iPads to place orders and notify waiters when the customer's order is ready, the time on the order (now an electronic order board) decreases from five to four minutes, and the prepared order wait time decreases from five to two minutes. Round your answer for the total revised time to the nearest whole number and round your answer for the total revised cost three Total Revised Time: minutes Total Revised Cost: $ Samoset Fans, Inc. manufacturers its fan blades in-house. The owner, Betty Dice, doesn't outsource any fan parts except fan motors - all other fans parts are made in-house. Their current process and its equipment are getting old. Maintenance and repair costs are increasing at ten percent per year She and her company team are evaluating two new processes. The first process has an annual fixed cost of $710,000 and a variable cost of $15 per fan blade. The second process is more automated and requires an annual fixed cost of $1,050,000 and a variable cost of $11 per fan blade. The internal tansfer cost of a fan blade is $21, and this helps the firm determine the total manufactured cost of a completed fan. Use the Excel template Break-Even in MindTap to answer the following questions: a. What is the break-even quantity between these two processes? Round your answer to the nearest whole number. fan blades b. If predicted demand for next year is 110,000 blades, what process do you recommend? Round your answers to the nearest dollar. Total cost of Process A: \$ Total cost of Process B: $ So, is recommended. What is the cost savings? Round your answer to the nearest dollar. $ c. What volume of demand does Samoset Fans, Inc need to make an internal profit on fan blades of $110,000, assuming they installed the process you recommend in part (b)? Round your answer to the nearest whole number. fan blades Break-Even Analysis (0) Cengage Learning. Not for commercial use. Enter data only in yellow cells. Profitability Analysis Technology Choice Decision Cost Option A Outsource Option B Revenue Unit revenue $20.00 \begin{tabular}{r|r|} Fixed cost & \\ \cline { 2 - 2 } Unit cost & $35.00 \\ \hline \end{tabular} \begin{tabular}{|r|r|} \hline Fixed cost & $200,000.00 \\ \cline { 2 - 2 } Unit cost & $18.60 \\ & \\ \hline Fixed cost & $100,000.00 \\ \hline Unit cost & $21.00 \\ \hline & \\ \hline \end{tabular} \begin{tabular}{|r|r|} \hline Total In-House Production Cost & $490,000.00 \\ Total Outsourced Cost & $420,000.00 \\ Cost difference (In-House - Outsourced) & $70,000.00 \\ Economical Decision & Outsource \\ \hline \end{tabular}