Chapters 5,6A Homework i Saved Help Save & Exit Submit Check my work 6 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 1 required to units produced. points Unit Produced Time Required to Produce (X ) the Xth Unit 8,090 hours 2 7,200 hours Book 4 6,480 hours 8 16 Print Required: References a. Compute the labor time required to produce 8 and 16 units. (Round your answers to the nearest whole number.) Time Required to produce 8th unit hours Time Required to produce 16th unit hours b. Assume that labor time costs $140 per hour. Compare the cost of producing the ist unit to the cost of producing the 16th unit. What s the percentage of the cost of the 16th unit to the cost of the ist unit? (Do not round your intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (i.e., 32.21)) Percentage of cost of 16th unit to 1st unit cost Mc Graw Hill Ti