Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced. Required: a. Compute the labor time required to produce 8 and 16 units. b. Assume that labor time costs $90 per hour. Compare the cost of producing the 1 st unit to the cost of producing the 16 th unit. What is the percentage of the cost of the 16 th unit to the cost of the 1st unit? Complete this question by entering your answers in the tabs below. Compute the labor time required to produce 8 and 16 units. (Round your answers to the nearest whole number.) Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satelite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced Required: a. Compute the labor time required to produce 8 and 16 units. b. Assume that labor time costs $90 per houn. Compare the cost of producing the 15t unit to the cost of producing the 16 th unit: What is the percentage of the cost of the 16 th unit to the cost of the 1st unit? Complete this question by entering your answers in the tabs below. Assume that labor time costs $90 per hour. Compare the cost of producing the 1 st unit to the cost of produding the 16 th unit. What is the percentage of the cost of the 16 th unit to the cost of the 1st unit? (Do not round your intermediate calculations. Enter your answer as a percentade rounded to 2 decimal places (1.e232.21) )