Suppose the labor cost (in dollars) for manufacturing a camera can be approximated by L -32 2- _ _ (KM2x +y 2): 2y 2xy+61 where x is the number of hours required by a skilled crasperson and y is the number of hours required by a semiskilled person. Find values of): and y that minimize the labor cost. Find the minimum labor cosL Labor cast will be minimized when x = and y = The minimum labor cost is S . [Round to the nearest cent )