Question: Problem 6 - 1 0 ( Algo ) United Research Assoclates ( URA ) had recelved a contract to produce two units of a new
Problem Algo
United Research Assoclates URA had recelved a contract to produce two units of a new crulse missile guidance control. The first unit
took hours to complete and cost $ in materlals and equipment usage. The second took hours and cost $ in
materlals and equipment usage. Labor cost is charged at $ per hour.
The prime contractor has now approached URA and asked to submit a bid for the cost of producing another guldance controls. Use
Exhibit and Exhibit
a What will the last unit cost to bulld? Round your answer to the nearest dollar amount.
b What will be the average time for the missile guldance controls? Round your answer to the nearest whole number.
Average time
hours
c What will the average cost be for guldance control for the in the contract? Round your answer to the nearest dollar amount.
Average cost
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