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A company uses learning curves for initial labor estimates with replicated deliverables. For this particular type of project, they determine that a 90% leaming curve

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A company uses learning curves for initial labor estimates with replicated deliverables. For this particular type of project, they determine that a 90% leaming curve applies (improvement rate of 10% ). The initial (first) unit takes 624 thousond hours. Determine the time (estimate) required for unit 4 and then compute the resulting labor cost for that unit based on a labor rate of $30 per hour. Round your final cost answer to the nearest dollar (if applicable) and omit the $ symbol in your answer. Carry all intermediate calculations to at least 5 decimal places if performing calculations by hand and use the table provided in the file. (Caution: Watch your dimensions. Enter your antwer in dollors, Nor thousands of dolars? Click to open: is

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