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  3. a casting cost 10 the burden cost on the machine...

Question: a casting cost 10 the burden cost on the machine...

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  1. A casting cost $10, the burden cost on the machine that finishes the casting is $300 per hour, time for the part on the machining center is 15 minutes, and the setup time is 2.8 hours. If the castings are machined in lot sizes of 50, what percentage of the part cost is due to setup time?   (Enter your answer as a number without the percent % sign.)
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