ACCOUNTING instructions l help ter 05 Cost Estimation Submit Save & Exit Questio

Question

ACCOUNTING instructions l help ter 05 Cost Estimation Submit Save & Exit Question 7 (of 8) 208 points Refer to the table below. Assume that the company involved now finds that the learning rate is 90 percent. The 90 percent learning rate coefficient is 0.152003: that is b 152003 in the formula y axo Required using formula, Y- ax the labor time and costs for 5, 6, and 7 units. (Round your intermediate calculations (except for coefficient and final answers to 2 decimal places.) USE YOUR MOBILE pwONE Now

Explanation / Answer

Unit Produced Labour time total Time in Labour Hours Total Cost Average Cost per Unit 1 100.00 100.00 5000.00 5000.00 2 90.00 190.00 9500.00 4750.00 3 84.62 274.62 13731.03 4577.01 4 81.00 355.62 17781.03 4445.26 5 78.30 433.92 21695.97 4339.19 6 76.16 510.08 25503.89 4250.65 7 74.39 584.47 29223.63 4174.80 8 72.90 657.37 32868.63 4108.58

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.