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VI) - Given the following sheet. what should the fabor rate per hour be, so that the cost to inspect becomes 500 dollars Instead of

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VI) - Given the following sheet. what should the fabor rate per hour be, so that the cost to inspect becomes 500 dollars Instead of the current 683.2 with 35 dollar rate? 10% (Give the formulae of the totals and use an excel feature to find out the dollar rate ......) 10 pts. A B C D E G Time Data for Quality Control Testing Per Ski Actual Time in Hours $ 35.00 Per hour MFG id# Style Friction coeff Torsion testing Cost (min) to inspect Per hour 2437 R 1.5 1 1.88 2438 A 1.5 1 1.88 7439 R 1.0 5.5 4.88 2440 R 1.0 5 4.5 3.5 2 6.38 Total 297.5 507.5 683.2

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