Faced with fing pressure for a $17 per hour minimum wage rate the farming industry currentlyploring the possible wefrobicies to replace some form workers. The Late Toch is one such robotits job is to the aff on removing the least promising buds of lettuce by removing these weaker for the stronger the plants have more room lo grow asume the following facts: Click the icon to view the formation) With Lee Tech may be in workable condition for up to five years, aume he form would viewe implementation as a one year experiment Requirement Perform a cost benefits for the first year of implementation to determine whether the late Tech would be a financially viable investment of them wage is raised to 117 per hour ound your are o ne whole dolar) Cost-benefit Analysis Expected Benefit Cost Savings Total expected benefits Expected Costs Total expected cost Not expected benefit cost financially viable investment if the minimum wage is ra dollar.) i Cost and Benefit Information 1. One Lettuce Tech would do the work of 15 farm workers. 2. Each farm worker typically works 45 hours on the lettuce thinning process each year. 3. Each farm worker would earn $17 per hour plus 7.65% payroll tax. 4. The Lettuce Tech is estimated to cost $10,000 plus $850 for delivery. 5. Annual costs of operating the Lettuce Tech are expected to be $1,000. Print Done Done