How many labor hours should johnson estimate are needed

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Reference no: EM133972601

Problem

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 1,890 labor hours and $38,400 in parts; the third took 1,740 labor hours and $37,250 in parts; and the fourth took 1,588 labor hours and $36,100 in parts.

Johnson was asked to bid on a follow-on contract for another dozen receiver per transmitter units. (Hint: There are two learning curves-one for labor and one for parts.). Get the instant assignment help.

I. Ignoring any forgetting factor effects, how many labor hours should Johnson estimate are needed for the additional 12 units?

II. How much should Johnson estimate the parts cost will be for the additional 12 units?

Reference no: EM133972601

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