Requirement 1. What is the annual cost of the machine drool currently? Include both the original plastic cost and the waste-disposal cost. Material cost of machine drool (plastic) Disposal cost Annual cost 153,360 129,600 Total annual cost 282,960 Requirement 2. How much would the company save per year (net) if the machine drool were to be sold to the local recycler? (Use parentheses or a minus sign to show table, leave the input field empty, do not select a label or enter a zero.) Total annual savings (net) Annual savings (net) e drool currently al cost 153,360 129,600 282,960 per year (net) if th or enter a zero.) Requirements 1. What is the annual cost of the machine drool currently? Include both the original plastic cost and the waste-disposal cost. 2. How much would the company save per year (net) if the machine drool were to be sold to the local recycler? 3. How much would the company save per year (net) if the production process were to be re-engineered? 4. What do you think the company should do? Explain your rationale. annual savings (r Print Done - X ts that will reduce the ar achine drool currently Annual cost 153,360 129,600 282,960 save per year (net) if th label or enter a zero.) Annual savings (r More info 1. Do nothing and pay the increased waste-disposal charge. 2. Sell the machine drool waste to a local recycler for $19 per ton. 3. Re-engineer the production process at an annual cost of $55,000. This change in the production process would cause the amount of machine drool generated to be reduced by 60% each month. The remaining machine drool would then be sold to a local recycler for $19 per ton Print Done its that will reduce the a Sampson Industries manufactures plastic bottles for the food industry. On average, Sampson pays $71 per ton for its plastics. Sampson's waste-disposal company has increased its waste disposal-charge to $60 per ton for solid and inert waste. Sampson generates a total of 500 tons of waste per month. Sampson's managers have been evaluating the production processes for areas to cut waste. In the process of making plastic bottles, a certain amount of machine "drool" occurs. Machine drool is the excess plastic that drips off the machine between molds. In the past, Sampson has discarded the machine drool. In an average month, 180 tons of machine drool is generated. Management has arrived at three possible courses of action for the machine drool issue