Required: Exercise 3.8 - Please show your complete work including formlas used. Thank You

answtr u cost for the Coing ull (Round your expects 5,340 purchase orders and 580 nonstandard orders? What will estimated total pur chasing cost be? What is the total fixed purchasing cost? Why doesn't it equal the fixed cost calculated in Requirement 2? (Round your answers to the nearest dollar.) 3. What if Dohini Manufacturing wants to estimate purchasing ECTIVE Cornerstone Exercise 3.8 Cumulative Average-Time Learning Curve TONE 3.8 Pohlman Company makes aircraft engines. Pohlman has noticed that, in general, each 500 hours, and direct labor is paid an average of $30 per hour. Required: new engine design is subject to an 80 percent learning rate. Assume that the first unit produced takes I. Set up a table with columns showing: the cumulative number of units, cumulative average time per unit in hours, and cumulative total time in hours. Show results by row for total pro- duction of: one engine, two engines, four engines, eight engines, sixteen engines, and thirty- two engines. (Round hour answers to two significant digits.) an manufactures the following number of engines: one, four, or sixteen? What is the average cost per engine for the following number of engines: one, four, or sixteen? (Round your answers to the nearest dollar.) 3. What if Pohlman is preparing a bid to build 16 engines? Calculate budgeted labor cost for an engine design which Pohlman has built before (assume that 16 of these engines had been made previously and the first unit took 500 hours). Calculate budgeted labor cost for a new engine design that Pohlman's workers have never made before (assume the first unit will take 500 hours)