You have been asked by your manager to estimate the labor cost of producing 5 sample units for a new customer. Labor costs are $25/hour. The first production sample took 6.5 hours to produce. You expect to have a 75% learning rate. What is your estimate for the total labor cost of producing 5 units. Use the improvement factor table provided below Improvement Factor Table Unit/Factor 0.6 0.65 10 0.7 0.75 0.8 0.85 0.9 0.95 1 1 1 1 1 1 1 1 1 2 0.6000 0.6500 0.7000 0.7500 0.8000 0.8500 0.9000 0.9500 3 0.4450 0.5052 0.5682 0.6338 0.7021 0.7729 0.8462 0.9219 4 5 6 7 8 9 110 10 0.3600 0.4225 0.4900 0.5625 0.6400 0.7225 0.8100 0.9025 0.3054 0.3678 0.4368 0.5127 0.5956 0.6857 0.7830 0.8877 0.2670 0.3284 0.3977 0.4754 0.5617 0.6570 0.7616 0.8758 0.2383 0.2984 0.3674 0.4459 0.5345 0.6337 0.7439 0.8659 0.2160 0.2746 0.3430 0.4219 0.5120 0.6141 0.7290 0.8574 0.1980 0.2552 0.3228 0.4017 0.4929 0.5974 0.7161 0.8499 0.1832 0.2391 0.3058 0.3846 0.4765 0.5828 0.7047 0.8433 562 813 607 519