You are in charge of a large assembly shop. One of your customers has promised to award you a large contract for the assembly of 1000 units of a new product. The suggested bid price is based on an average of 20 hours of direct labor per unit. You conduct a couple test assemblies and find that, the first unit took 50 hours and the second unit completed in just 45 hours. How many hours do you expect the assembly of the first hundred units and the second 100 units to take? Is the contractor’s assumption about the average labor hours per unit valid or should the price be revised?