A bending die is to be made to form a Z-shaped part (two bends). The total area of the sheet is 10 cm X 20 cm, the number of bends is two, the bends are both on the 10-cm side, and the final part...

A bending die is to be made to form a Z-shaped part (two bends). The total area of the sheet is 10 cm X 20 cm, the number of bends is two, the bends are both on the 10-cm side, and the final part height would be 10 cm. The machining constant for bending is $180, and the machining rate is $301 hr. The die set clearance is 5 cm, the material equation constant is $100. and the material cost constant is 0.36. Determine the total cost of the bending die set.