The scenario described here applies to questions 1-2: Suppose you have just have been awarded a new contract where you will be making an additional 150,000 brackets in the next 4 months. The material cost of the brackets is S0.98 per bracket and there is a 5% scrap rate. 1. What is the total material cost? 2. Suppose you find a waste hauler that will buy your scrap for s0.15 in3. The bracket's volume is 3.75 in3 a. What is your salvage value? b. What is your new total cost