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Company uses 7 5 % learning curve for the new product development planning purposes. For their new widget, they estimated direct labor cost to be

Company uses 75% learning curve for the new product development planning purposes. For their new widget, they estimated direct labor cost to be $200 to produce first unit.
Using the Learning Curve Table, calculate the cost to produce first 40 units:
(Note: Do NOT include $ sign in you response; Round to one decimal place)

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