"Titanic" had a total of 20 lifeboats, comprising 16 wooden boats on davits, eight on either side of the ship, and four collapsible boats with wooden bottoms and canvas sides. The collapsibles were stored upside down with the sides folded in, and would have to be erected and moved to the davits for launching. Two were stored under the wooden boats and the other two were lashed atop the officers' quarters. The position of the latter would make them extremely difficult to launch, as they weighed several tons each and had to be manhandled down to the boat deck. On average, the lifeboats could take up to 68 people each, and collectively they could accommodate 1,178 – barely half the number of people on board and a third of the number the ship was licensed to carry. The shortage of lifeboats was not because of a lack of space nor because of cost. "Titanic" had been designed to accommodate up to 68 lifeboats – enough for everyone on board – and the price of an extra 32 lifeboats would only have been some , a tiny fraction of the $7.5 million that the company had spent on "Titanic".