The Blue Seas Company, which is under contract to the U$.$S$.$ Navy, assembles troop deployment boats.

$($Click the icon to view the additional information.$)$

Blue Seas reports the following cost information for the first PT$109$ assembled. $($Click the icon to view the cost information.$)$

Read the requirements.

Requirement $1.$ Prepare a prediction of the total costs for producing the six PT$109$s for the Navy.

Begin by calculating the cumulative total time in labor$-$hours. $($Round all answers to the nearest whole number.$)$

$\backslash$table$[[\backslash$table$[[$Number of$],[$units$]],\backslash$table$[[$Individual unit time for$],[$Xth unit: Labor$-$hours$]],\backslash$table$[[$Cumulative total time$],[$Labor$-$hours$]]],[1,,],[2,,],[3,,],[4,,],[5,,],[6,,],[7,,]]$

Direct materials cost

Direct manufacturing labor time for first boat

Learning curve for manufacturing labor time per boat

Direct manufacturing labor costs

Variable manufacturing overhead costs

Other manufacturing overhead

Tooling costs ${?}^2$

$1$

Using the formula for a $90\%$ learning curve, $b=\frac{ln0\mathrm{.}90}{ln2}=\frac{-0\mathrm{.}105361}{0\mathrm{.}693147}=-0\mathrm{.}152004$

$2$ Tooling can be reused at no extra cost because all of its cost has been assigned to the first deployment boat.