Please provide me with a Justification of the price. I need something such as an explanation.

1. Near the end of the project, Deutsch Telefon AG requests a cost estimate for four satellites identical to those you have already produced. What price will you quote them? Justify your price.

12 unit 75% curve: 6.315

12 satellites: 100,000 x 6.315 = 631,500 labor hours

Labor hour for 4 units = 631,500 labor hours - 480,200 labor hours = 151,300 labor Hours

Skilled labor cost: 300 NOK p/hour = 151,300 x 300 = 45,390,000 NOKS Total cost =

45,390,000 NOKS + (0.5) 6,000,000 NOK = 48,390,000 NOK (using the 75% learning curve since we know it's more efficient).