Question: I need help with requirements 1 and 2 Homework: Chapter 10 part 2 Question 2 P10-41 (similar to Part 1 of 5 > HW Score:


I need help with requirements 1 and 2
Homework: Chapter 10 part 2 Question 2 P10-41 (similar to Part 1 of 5 > HW Score: 3.85%, 0.12 of 3 points Points: 0.12 of 1 Save TH Requirements Data table RE BE Direct materials cost Direct manufacturing labor time for first boat Learning curve for manufacturing labor time per boat Direct manufacturing labor costs Variable manufacturing overhead costs Other manufacturing overhead Tooling costs 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. 2. Compare the cost predictions from requirement 1 (incremental unit-time learning model) with the cost predictions based on a cumulative average-time learning model which has total costs of $6,0729,765. Why are the predictions different? How should Pacific Boat decide which model it should use? Cumulative average-time learning model's cumulative average time per unit and cumulative total time: Number of Cumulative average time Cumulative total time per unit: Labor-hours Labor-hours 1 1 14,900 14,900 2. 13,410 26,820 3 12,608 37.824 4 12,069 48,276 5 11,666 58,330 6 11,348 68,038 7 11,085 77,595 S 203,000 per PT109 14,900 direct manufacturing labor-hours 90% cumulative average time! S 39 per direct manufacturing labor hour S 28 per direct manufacturing labor-hour 25% of direct manufacturing labor costs S 283,000 units 1 In 0.90 -0.105361 Using the formula for a 90% learning curve, bin 20,6931470.152004 % 2 Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat. Print Done Print Done As part of its research program, it completes the assembly of the first of a new model (PT109) of deployment boats. The Navy is impressed with the PT109. It requests that Pacific Boat submit a proposal on the cost of producing another six PT109s. Pacific Boat reports the following cost information for the first PT109 assembled. Clear all Check answer The Pacific Boat Company, which is under contract to the U.S. Navy, assembles troop deployment boats. A (Click the icon to view the additional information.) Pacific Boat reports the following cost information for the first PT109 assembled. (Click the icon to view the cost information.) Read the requirements Requirement 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. Begin by calculating the cumulative total time in labor-hours. (Round all answers to the nearest whole number.) Number of Individual unit time for Cumulative total time: units Xth unit: Labor-hours Labor-hours 2 3 4 5 6 7 Homework: Chapter 10 part 2 Question 2 P10-41 (similar to Part 1 of 5 > HW Score: 3.85%, 0.12 of 3 points Points: 0.12 of 1 Save TH Requirements Data table RE BE Direct materials cost Direct manufacturing labor time for first boat Learning curve for manufacturing labor time per boat Direct manufacturing labor costs Variable manufacturing overhead costs Other manufacturing overhead Tooling costs 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. 2. Compare the cost predictions from requirement 1 (incremental unit-time learning model) with the cost predictions based on a cumulative average-time learning model which has total costs of $6,0729,765. Why are the predictions different? How should Pacific Boat decide which model it should use? Cumulative average-time learning model's cumulative average time per unit and cumulative total time: Number of Cumulative average time Cumulative total time per unit: Labor-hours Labor-hours 1 1 14,900 14,900 2. 13,410 26,820 3 12,608 37.824 4 12,069 48,276 5 11,666 58,330 6 11,348 68,038 7 11,085 77,595 S 203,000 per PT109 14,900 direct manufacturing labor-hours 90% cumulative average time! S 39 per direct manufacturing labor hour S 28 per direct manufacturing labor-hour 25% of direct manufacturing labor costs S 283,000 units 1 In 0.90 -0.105361 Using the formula for a 90% learning curve, bin 20,6931470.152004 % 2 Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat. Print Done Print Done As part of its research program, it completes the assembly of the first of a new model (PT109) of deployment boats. The Navy is impressed with the PT109. It requests that Pacific Boat submit a proposal on the cost of producing another six PT109s. Pacific Boat reports the following cost information for the first PT109 assembled. Clear all Check answer The Pacific Boat Company, which is under contract to the U.S. Navy, assembles troop deployment boats. A (Click the icon to view the additional information.) Pacific Boat reports the following cost information for the first PT109 assembled. (Click the icon to view the cost information.) Read the requirements Requirement 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. Begin by calculating the cumulative total time in labor-hours. (Round all answers to the nearest whole number.) Number of Individual unit time for Cumulative total time: units Xth unit: Labor-hours Labor-hours 2 3 4 5 6 7
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