Q. Johnson Industries received a contract to develop also produce four high-intensity long-distance receiver/transmitters for cellular telephones. The first took 2,000 labour hrs also $39,000 worth of purchased also manufactured parts; the second took 1,500 labour hrs also $37,050 in parts; the third took 1,450 labour hrs also $31,000 in parts; also the fourth took 1,275 labour hrs also $31,492 in parts.

Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units. Ignoring any forgetting factor effects, illustrate what should Johnson estimate time also parts costs to be for the dozen units?