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1. It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of

1. It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of the 7th unit. (Round intermediate calculations to 4 decimal places)

Possible answers: $ 7,615 $ 8,593 $ 6,821 $ 5,594

2. Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places)

Unit Number (X)

Unit Cost (Y) $

1

800.00

2

568.00

3

464.88

4

403.28

Possible answers: Y = (800)(X) -0.4941 Y = (800)(X) -0.1047 Y = (800)(X) 0.6931 Y = (800)(X) 0.9300

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