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The average labor cost per unit for the first batch produced by a new process is P6,000. The cumulative average labor cost after the second batch is P3,600 per product. Using a batch size of 100 and assuming the learning curve continues, the total labor cost of four batches will be

The average labor cost per unit for the first batch produced by a new process is P6,000. The cumulative average labor cost after the second batch is P3,600 per product. Using a batch size of 100 and assuming the learning curve continues, the total labor cost of four batches will be

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The average labor cost per unit for the first batch produced by a new process is P6,000. The cumulative average labor cost after the second batch is P3,600 per product. Using a batch size of 100 and assuming the learning curve continues, the total labor cost of four batches will be P216,000. P864,000. P144,000. P8,640.
Transcribed Image Text:The average labor cost per unit for the first batch produced by a new process is P6,000. The cumulative average labor cost after the second batch is P3,600 per product. Using a batch size of 100 and assuming the learning curve continues, the total labor cost of four batches will be P216,000. P864,000. P144,000. P8,640.
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