The Pacific Boat Company, which is under contract to the US Navy, assembles troop deployment boats Click the icon to view the additional information.) Data table Pacific Bost reports the following coat information for the first PT109 assembled Requirement 1. Prepare a prediction of the total costs for producing the six PT100s for the Navy Begin by calculating the cumulative total time in labor-hours (Round the individual unit time for Xh Individual unit time for Xn unit Labor-hours Number of units 1 Cumulative total time Labor-hours 1 Direct material cost 2 Direct manufacturing labor time for first boat Direct manufacturing labor rate Variable manufacturing overhead cost 5 Other manufacturing overhead Tooling costs 15 More info As part of its resarch program, it completes the assembly of the first of a new model (PT109) of deployment boats. The Navy is impressed with the PT109 requests that Pacife Boat submit a proposal on the cost of producing another aix PT109s Pacific Boat reports the following cost information for the first PT100 assembled B $ 150,000 14,700 bor hours $ 42 per direct manufacturing labor hour 15 25 per direct manufacturing abou 20% of direct manufacturing $279,000 7 Leaming curve for manufacturing labor time per boat 50% cumulative average Tooling can be used at no extra cost because all of its cost has been assigned to the first deployment boat Using the formula for a 90% leaming our In 0.00 -0.105361 32 0.603147-0152004 Pacific Boat uses a 90% incremental unit time leaming model as a basis for predicting direct manufacturing labor its assembling operations (A 90% leaming curve means b=-0.152004) Print Done Requirements 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy