Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 305 days. Setup labor cost Annual holding cost Daily production (8 hours) Annual demand for steering wheels Desired lot size (2 hours of production) $60.00 per hour $13 per unit 800 units/day 33,550 (305 days x daily demand of 110 units) Q = 200 units a) Setup cost = $ (round your response to two decimal places).