Exercise 5-51 (Algo) Learning Curves (LO 5-7) Park Company manufactures high technology testing instruments. The instruments are complex and not many units of any particular model are sold. The last unit of model MF-59 sold was the eighth off of the assembly line. The labor cost for that unit was $27,021.50 and required 675.5375 hours of labor. The fourth unit, produced last month, required 794.7500 hours of labor. Required: a. Assuming that learning has been consistent for this product, how many hours did it take to produce the first unit? b. Assuming that the hourly wage rate has remained the same, what was the labor cost to produce the second unit? Complete this question by entering your answers in the tabs below Required A Required B Assuming that learning has been consistent for this product, how many hours did it take to produce the first unit? (Round your answer to 4 decimal places.) Time required for first unit hours