Tri-City Tile Company has introduced a new type of flooring called Durables. This flooring will be made

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Tri-City Tile Company has introduced a new type of flooring called Durables. This flooring will be made in a new department, Department 36. To produce the first unit will require 3 direct labor hours. Direct labor cost is $3.25 per hour. mki7 Required:

a Assuming a learning rate of 92%, compute the cumulative average direct labor hours needed and the output per direct labor hour up to the sixteenth unit.

b Draw a graph of the learning curve, assuming the 92% learning rate. Plot cumulative units of production on the X axis.

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Related Book For  book-img-for-question

Cost Accounting Concepts And Applications For Managerial Decision Making

ISBN: 9780070103108

2nd Edition

Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg

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