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The Pacific Shore Company, which is under contract to the US Navy, assembles troop deployment boats. As part of its research program, it completes

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The Pacific Shore Company, which is under contract to the US Navy, assembles troop deployment boats. 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 Shore submit a proposal on the cost of producing another six PT109s Pacific Shore reports the following cost information for the first PT109 assembled and uses a 90% cumulative average-time learning model as a basis for forecasting direct manufacturing labor-hours for the next six PT 109s. (A 90% learning curve means b= -0.152004) (Click the icon to view the cost information.) Read the requirements Requirement 1. Calculate predicted total costs of producing the six PT109s for the Navy (Pacific Shore will keep the first deployment boat assembled, costed at $1,482,300, as a demonstration model for potential customers.) Begin by determining the hours used to produce the six PT109s for the Navy (Round intermediary calculations and your final answers to the nearest whole number) The total cumulative time in labor-hours for seven PT109s is PT109s is hours hours, therefore, the total time to produce six 4 Now calculate the predicted total costs of producing the six PT109s. (Round your answers to the nearest whole dollar) Direct materials Direct manufacturing labor Variable manufacturing overhead Other manufacturing overhead

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