Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would aiso consider buying 16 units. General Dyriamics has starfed a chart relating labor time required to units produced. Required: o. Compute the labor time required to produce 8 and 16 units. b. Assume that labor time costs $120 per hout. Compare the cost of producing the 1 st unit to the cost of producing the 16 th unit. What is the percentage of the cost of the 16th unit to the cost of the ist unit? Complete this question by entering your answers in the tabs below. Compute the labor time required to produce 8 and 16 units. (Round your answers to the nearest while number.)