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 1,320 labor hours and $29,640 in parts, the third took 1,080 labor hours and $25,790 in parts; and the fourth took 845 labor hours and $21,930 in parts Johnson was asked to bid on a follow on contract for another dozen receiver/transmitter units. (Hint: There are two learning curves-one for labor and one for parts. Use Exhibit 65 a. How many labor hours should Johnson estimate are needed for the additional 12 units? (Round your answer to the nearest whole number) Answer is complete but not entirely correct. 5,892 hours Estimated Imbar b. How much should Johnson estimate the parts cost will be for the additional 12 units? (Round your answer to the nearest dollar amount.) Answer is complete but not entirely correct. Estimated parts cost 5 147.203 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 1,320 labor hours and $29,640 in parts, the third took 1,080 labor hours and $25,790 in parts; and the fourth took 845 labor hours and $21,930 in parts Johnson was asked to bid on a follow on contract for another dozen receiver/transmitter units. (Hint: There are two learning curves-one for labor and one for parts. Use Exhibit 65 a. How many labor hours should Johnson estimate are needed for the additional 12 units? (Round your answer to the nearest whole number) Answer is complete but not entirely correct. 5,892 hours Estimated Imbar b. How much should Johnson estimate the parts cost will be for the additional 12 units? (Round your answer to the nearest dollar amount.) Answer is complete but not entirely correct. Estimated parts cost 5 147.203