SVP Boat reports the following cost information for the first PT109 assembled. The SVP Boat Company, which is under contract to the U.S. Navy, asserribles troop deployment boats. (Click the icon to view the additional information.) R More info Requirement 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. Begin by calculating the cumulative total time in labor-hours. (Round the individual unit time for Xth unit to the nearest whole nu As part of its research program, it completes the assembly of the first of a new model (PT109) of deployment boats. The Navy is impressed with the PT109. IL requests that SVP Boat submit a proposal on the cost of producing another six PT109. SVP Boat reports the following cost information for the first PT109 assembled. Number of Individual unit time for Xth unit: Labor-hours Cumulative total time: Labor-hours units 1 2 3 Print Done Data table 4 5 6 7 Direct materials cost $ 202,000 per PT109 Direct manufacturing labor time for first boat 14,600 direct manufacturing labor-hours Learning curve for manufacturing labor time per boat 90% cumulative average time! " Direct manufacturing labor costs S 38 per direct manufacturing labor-hour Variable manufacturing overhead costs S 28 per direct manufacturing labor-hour Other manufacturing overhead 25% of direct manufacturing labor costs Tooling costs $ 282,000 1 In 0.90 -0.105361 Using the formula for a 90% learning curve, b in 2 = In 2 Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat. 0.693147 -0.152004 SVP Boat reports the following cost information for the first PT109 assembled. The SVP Boat Company, which is under contract to the U.S. Navy, asserribles troop deployment boats. (Click the icon to view the additional information.) R More info Requirement 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. Begin by calculating the cumulative total time in labor-hours. (Round the individual unit time for Xth unit to the nearest whole nu As part of its research program, it completes the assembly of the first of a new model (PT109) of deployment boats. The Navy is impressed with the PT109. IL requests that SVP Boat submit a proposal on the cost of producing another six PT109. SVP Boat reports the following cost information for the first PT109 assembled. Number of Individual unit time for Xth unit: Labor-hours Cumulative total time: Labor-hours units 1 2 3 Print Done Data table 4 5 6 7 Direct materials cost $ 202,000 per PT109 Direct manufacturing labor time for first boat 14,600 direct manufacturing labor-hours Learning curve for manufacturing labor time per boat 90% cumulative average time! " Direct manufacturing labor costs S 38 per direct manufacturing labor-hour Variable manufacturing overhead costs S 28 per direct manufacturing labor-hour Other manufacturing overhead 25% of direct manufacturing labor costs Tooling costs $ 282,000 1 In 0.90 -0.105361 Using the formula for a 90% learning curve, b in 2 = In 2 Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat. 0.693147 -0.152004