a)
To determine: The last unit cost to build.
a)
Explanation of Solution
Given information:
It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.
Determine the last unit (22nd unit) cost to build:
Hence, the last unit cost is $32,732.40.
b)
To determine: The average time for the 20 missile guidance controls.
b)
Explanation of Solution
Given information:
It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.
Determine the average time for the 20 missile guidance controls:
c)
To determine: The average cost for guidance control for the 20 in the contract.
c)
Explanation of Solution
Given information:
It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.
Determine average cost for guidance control for the 20 in the contract:
Determine the
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Operations and Supply Chain Management
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