Question: homework help Johnson Industries received a contract to develop and produce four high-intensity long-distance feceiver/transmitters for cellular telephones. The first took 2,400 labor hours and

homework help homework help Johnson Industries received a contract to develop and produce four

Johnson Industries received a contract to develop and produce four high-intensity long-distance feceiver/transmitters for cellular telephones. The first took 2,400 labor hours and $42,000 worth of purchased and manufactured parts; the second took 1,580 labor hours and $31,920 in parts; the third took 1,300 labor hours and $27,770 in parts; and the fourth took 1,011 labor hours and $23,620 in parts. The company expects "learning" to occur relative to labor and aiso relative to the pricing of parts from suppliers. Johnson was asked to bid on a follow-on contract for another dozen receiver/transmatter units. Ignoring any forgetting factor effects, What should Johnson estimate time and parts costs to be for the dozen unis? (Hint. There are two leaming curves-one for labor and one for parts.) Use Exhibit 4 A. 5 . a. How many labor hours should Johnson estimate ore needed for the additional 12 units? Note: Round your answer to the nearest whole number. b. How much should Johnson estimate the parts cost will be for the addtional 12 units? Note: Pound your answer to the nearest dollar amount

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