Timpanogas Cycling produces two versions of a mountain bike: a standard and deluxe model. The standard model has an aluminum frame and entry-level components. The deluxe model has a carbon frame and upgraded components. At the beginning of the year, the following data were prepared for Timpanogas Cycling: Expected quantity Selling price Prime costs Standard Model 10,000 Deluxe Model 5,000 $800 $1,800 $3,200,000 $4,500,000 Machine hours 13,500 13,500 Direct labor hours Engineering support (hours) 25,000 25,000 400 1,000 Receiving (orders processed) 1,000 1,300 Materials handling (# of moves) 5,000 13,000 Purchasing (# of requisitions) 250 500 Maintenance (hours used) 200 400 Paying suppliers (invoices processed) 1,200 1,200 Setting up batches (number of setups) 20 180