61 Question 3: 62 63 Quantity of initial order: 64 Direct material cost per unit for initial order: 65 Direct labor cost per unit for initial order: 66 Learning rate: 67 Overhead allocation rate: 68 Profit margin (% of sales): 69 Learning curve factor (b): 70 Labor cost of 1st unit (a): 71 Quantity of second order: 72 Direct labor cost per unit for both orders: 73 Total direct labor cost for both orders: 74 Total direct labor cost for initial order: 75 Total direct labor cost for second order: 76 Direct labor cost per unit for second order: 77 - 3. Your company has purchased 100 pieces of a custom-designed product from a supplier at a per-unit price of $250, and you've collected the following cost data: Direct material $ 90 Direct labor 45 (3 hours @ $15 per hour) Factory overhead 54 (120% of direct labor) Total COGS 189 SG&A & Profit 61 Total per unit 250 Complete the worksheet. What is the most you would be willing to pay per unit for the next 900 pieces, assuming an 85% learning curve? What assumptions did you make in coming up with this estimate? Show impact on labor, then extend to other impacted costs to show the price you expect to pay for the next 900 pes. Discuss your findings and what position you would take with the supplier in the text box of the worksheet