19. The Gifts Company makes mementos for offering chief guests and other dignitaries at functions. A customer wants 4 identical pieces of hand-crafted gifts for 4 dignitaries invited to its function. For this product, the Gifts Company estimates the following costs for the first unit of the product: Direct Variable costs (Excluding labour) Direct labour (20 hours @50 per hour) /Unit 2000 1000 90% learning curve ratio is applicable and one labourer works for one customer's order. What is the price per piece to be quoted for this customer if the targeted contribution is ? 1500 per unit? If 4 different labourers made the 4 products simultaneously to ensure faster delivery to the customer, can the price at (i) above be quoted? Why? (Nov 2009 New) 20. in your com