Johnson Industries received a contract to develop and produce four high-intensity long-distance receiver/transmitters for cellular telephones. The first took 2,200 labor hours and $40,000 worth of purchased and manufactured parts; the second took 1,450 labor hours and $30,400 In parts; the third took 1,190 labor hours and $26,450 In parts, and the fourth took 928 labor hours and $22,500 in parts. The company expects "learning" to occur relative to labor and also relative to the pricing of parts from suppliers. 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. Use Exhibit 44.6. 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. Estimated labor 65 hours 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 s 10,349 Lambda Computer Products competed for and won a contract to produce two prototype units of a new type of computer that is based on laser optics rather than on electronic binary bits. The company expects learning" to occur relative to labor and also relative to the pricing of materials, equipment and supplies. The first unit produced by Lambda took 5,000 hours to produce and required $250,000 worth of material, equipment usage, and supplies. The second unit took 3,750 hours and used $212,500 worth of materials, equipment usage, and supplies. Labor is $25 per hour. Use Exhibit 4A.6. a. Lambda was asked to present a bid for 10 additional units as soon as the second unit was completed. Production would start Immediately. What would this bid be? (Do not round Intermediate calculations.) Answer is complete but not entirely correct. Cost for 10 more units 1,786,969 S Johnson Industries received a contract to develop and produce four high-intensity long-distance receivers for celular telephones. The first took 2.200 labor hours and $40,000 worth of purchased and manufactured parts, the second took 1450 labor hours and 530 400 in parts, the third took 1190 inbor hours and $26,450 in parts, and the fourth took 928 sbor hours and $22.500 m parts. The company expects ating to occur relative to labor and also relate to the pricing of parts from suppliers Johnson was asked to bid on a follow-on contract for another doren receiverransmitter units.gnomganyforgeng factor effects what should Johnson esemate time and parts coses to be for the dozen uns (Hint There are two leaming curves-one for labor and cine for parts. Use EAA ..How many labor hours should Johnson estimate are needed for the addonat 12 unts? Round your answer to the nearest whole number e how b. How much should Johnson estimate the parts cost will be for the adamanal 12 untis (Round your answer to the nearest dollar amount 10349 CE 10 Net 1 o 69 hp Johnson Industries received a contract to develop and produce four high-intensity long-distance receiver/transmitters for cellular telephones. The first took 2,200 labor hours and $40,000 worth of purchased and manufactured parts; the second took 1,450 labor hours and $30,400 In parts; the third took 1,190 labor hours and $26,450 In parts, and the fourth took 928 labor hours and $22,500 in parts. The company expects "learning" to occur relative to labor and also relative to the pricing of parts from suppliers. 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. Use Exhibit 44.6. 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. Estimated labor 65 hours 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 s 10,349 Lambda Computer Products competed for and won a contract to produce two prototype units of a new type of computer that is based on laser optics rather than on electronic binary bits. The company expects learning" to occur relative to labor and also relative to the pricing of materials, equipment and supplies. The first unit produced by Lambda took 5,000 hours to produce and required $250,000 worth of material, equipment usage, and supplies. The second unit took 3,750 hours and used $212,500 worth of materials, equipment usage, and supplies. Labor is $25 per hour. Use Exhibit 4A.6. a. Lambda was asked to present a bid for 10 additional units as soon as the second unit was completed. Production would start Immediately. What would this bid be? (Do not round Intermediate calculations.) Answer is complete but not entirely correct. Cost for 10 more units 1,786,969 S Johnson Industries received a contract to develop and produce four high-intensity long-distance receivers for celular telephones. The first took 2.200 labor hours and $40,000 worth of purchased and manufactured parts, the second took 1450 labor hours and 530 400 in parts, the third took 1190 inbor hours and $26,450 in parts, and the fourth took 928 sbor hours and $22.500 m parts. The company expects ating to occur relative to labor and also relate to the pricing of parts from suppliers Johnson was asked to bid on a follow-on contract for another doren receiverransmitter units.gnomganyforgeng factor effects what should Johnson esemate time and parts coses to be for the dozen uns (Hint There are two leaming curves-one for labor and cine for parts. Use EAA ..How many labor hours should Johnson estimate are needed for the addonat 12 unts? Round your answer to the nearest whole number e how b. How much should Johnson estimate the parts cost will be for the adamanal 12 untis (Round your answer to the nearest dollar amount 10349 CE 10 Net 1 o 69 hp