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 first unit produced by Lambda took 1500 hours to produce and required $250,000 worth and other supplies. The second unit took 1300 hours and used $200,000 worth of materials, and other material and equipment supplies. The labor cost is $15/hr.

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?

1-1508394

2-1112000

3-1276000

4-2292000