Johnson Industries received a contract to develop and produce four high$-$intensity long$-$distance receiver$/$transmitters for

cellular telephones. The first took $2,000$ labor hours and $$39,000$ worth of purchased and manufactured parts; the second

took $1,500$ labor hours and $$37,050$ in parts; the third took $1,450$ labor hours and $$31,000$ in parts; and the fourth took

$1,275$ labor hours and $$31,492$ in parts.

Johnson was asked to bid on a follow$-$on contract for another dozen receiver$/$transmitter units. Ignoring any forgetting

factor effects, what should Johnson estimate time and parts costs to be for the dozen units? $($Hint: There are two learning

curves$-$one for labor and one for parts.$)($Answer in $$ Appendix E$)$