Budget

when it comes to the budget of this project, the student would be the main funder of this project. With this in mind, the project needs to be planned out. As shown in Table 4,  there are mainly three areas the budget goes into. These areas are the parts list, Labor, and renting for this project. The parts list includes all of the raw materials that are going to be needed. Some of the sizes are the same size in multiple spots which helps keep the price low and keeps it at $97.89. Table 5, shows the materials that are going to be needed for this project. with the majority of the material being different size balsa wood. When it comes to labor, it has to go with the industry standard on what people are getting par for. As of now, it's $20.00/hour for analyzing, $20.00/hour for manufacturing, and $19.00/hour for assembling. With an estimated time of 50 hours working on this project, the cost of labor turns out to be $2950. The final area is renting. This includes renting the tool and space needed to complete the project. As of now an estimate of $500 for this.