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Requirements Data table 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. 2. Compare the cost predictions from requirement 1 (incremental unit-time learning model) with the cost predictions based on a cumulative average-time leaming model which has total costs of $6,029,765. Why are the predictions different? How should Pacific Boat decide which model it should use? R B nb Cumulative average-time learning model's cumulative average time per unit and cumulative tolal time: Number of Cumulative average time Cumulative total time: units per unit: Labor-hours Labor-hours 1 14,900 14,900 2 13,410 26,820 3 12,608 37,824 4 4 12,069 48,276 S 11,666 58,330 6 11,348 68,088 7 11,085 77,595 Direct materials cost $ 203,000 per PT109 Direct manufacturing labor time for first boat 14,900 direct manufacturing labor-hours Learning curve for manufacturing labor time per boat 90% cumulative average time Direct manufacturing labor costs $ 39 per direct manufacturing labor-hour Variable manufacturing overhead costs $ 28 per direct manufacturing labor-hour Other manufacturing overhead 25% of direct manufacturing labor costs Tooling costs $ 283,000 1 In 0.90 -0.105361 Using the formula for a 90% learning curve, b = -0.152004 In 2 2 Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat. 0.693147 Print Done More info Print Done 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. It requests that Pacific Boat submit a proposal on the cost of producing another six PT1093. Pacific Boat reports the following cost information for the first PT109 assembled. Help me solve this Etext pages Get more help Clear all Check answer The Pacific Boat Company, which is under contract to the U.S. Navy, assembles troop deployment boats. (Click the icon to view the additional information.) Pacific Boat reports the following cost information for the first PT109 assembled. B (Click the icon to view the cost information.) Read the requirements 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 all answers to the nearest whole number.) Number of Individual unit time for Xth unit: Labor-hours Cumulative total time: Labor-hours units 2 3 4 5 6 Help me solve this Etext pages Get more help Clear all Check answer Requirements Data table 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. 2. Compare the cost predictions from requirement 1 (incremental unit-time learning model) with the cost predictions based on a cumulative average-time leaming model which has total costs of $6,029,765. Why are the predictions different? How should Pacific Boat decide which model it should use? R B nb Cumulative average-time learning model's cumulative average time per unit and cumulative tolal time: Number of Cumulative average time Cumulative total time: units per unit: Labor-hours Labor-hours 1 14,900 14,900 2 13,410 26,820 3 12,608 37,824 4 4 12,069 48,276 S 11,666 58,330 6 11,348 68,088 7 11,085 77,595 Direct materials cost $ 203,000 per PT109 Direct manufacturing labor time for first boat 14,900 direct manufacturing labor-hours Learning curve for manufacturing labor time per boat 90% cumulative average time Direct manufacturing labor costs $ 39 per direct manufacturing labor-hour Variable manufacturing overhead costs $ 28 per direct manufacturing labor-hour Other manufacturing overhead 25% of direct manufacturing labor costs Tooling costs $ 283,000 1 In 0.90 -0.105361 Using the formula for a 90% learning curve, b = -0.152004 In 2 2 Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat. 0.693147 Print Done More info Print Done 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. It requests that Pacific Boat submit a proposal on the cost of producing another six PT1093. Pacific Boat reports the following cost information for the first PT109 assembled. Help me solve this Etext pages Get more help Clear all Check answer The Pacific Boat Company, which is under contract to the U.S. Navy, assembles troop deployment boats. (Click the icon to view the additional information.) Pacific Boat reports the following cost information for the first PT109 assembled. B (Click the icon to view the cost information.) Read the requirements 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 all answers to the nearest whole number.) Number of Individual unit time for Xth unit: Labor-hours Cumulative total time: Labor-hours units 2 3 4 5 6 Help me solve this Etext pages Get more help Clear all Check