The Bryant Company manufactures a custom-designed part for the aerospace industry. Within the production facility, there are five operating departments. The sequence of departments through which the part passes during production is shown in the table below. The table also contains other production information. Two units of product can be obtained from one 4' x 4' sheet of aluminum that costs $3.00 per square foot. Overhead costs to produce a lot of size 10,000 are estimated to be $279,000. Avg. Labor Avg. Prod. Time Floor Space Sequence Department ($/hr) (min/part) (sq. ft.) 1 Cutting $17.00 3.0 1,300 2 Stamping $19.11 1.0 1,600 3 Trimming $18.92 2.0 1,200 4 Assemble $19.20 5.0 2,000 5 Package $11.52 0.5 1,500 Click here to access the TVM Factor Table Calculator Part a Assume that no other production costs exist. Determine the total cost of producing a 10,000-unit lot. $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 3%.