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1. Assume that the first installation takes 800 hours, and the team of professionals is paid an average of $50 per hour.Complete the following table

1. Assume that the first installation takes 800 hours, and the team of professionals is paid an average of $50 per hour.Complete the following table for Medcom Company (round answers to one decimal place):

Cumulative Number of Systems Cumulative Average Time per System (in Hours) Cumulative Total Labor Hours
1 800 800
2 640 1280
4 512 2048
8 409.6 3276.8
16 327.7 5243.2
32 262.2

8390.4

2. Using the data table above, calculate the total labor cost of Medcom installing four systems:

Total Labor cost (round to the nearest dollar): $fill in the blank

3. Using the data table above, calculate the following for Medcom to produce a third system:

a. Cumulative average time to produce the third system (round to the nearest tenth): fill in the blank hours

b. Total time required to produce three systems (round to the nearest tenth): fill in the blank hours

c. Time to produce the third system (round to the nearest tenth): fill in the blank hours

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