Exercise 5-52 (Algo) Learning Curves (Appendix B) (LO 5-10) Refer to the table below. Assume that the company involved now finds that the learning rate is 92 percent. The 92 percent learning rate coefficient is -0.120294; that is b=-0.120294 in the formula Y= axb. Required: Using the formula, Y= ax, compute the labor time and costs for 5, 6, and 7 units. (Round your intermediate calculations (except for coefficient) and final answers to 2 decimal places.) Labor Time Required to Unit Produced (X) Produce the Xth Unit (i.e., the last Cumulative Total Time in Labor- 1 single unit produced)1 (Y) Total Cost(3) Average Cost per Unit(4) Hours(2) 100.00 100.00 $ 5,000.00 $ 5,000.00 2 92.00 192.00 9,600.00 4,800.00 3 87.62 279.62 13,981.02 4,660.34 4 84.64 364.26 18,213.02 4,553.25 5 6 7 8 77.87 684.27 34,213.39 4,276.67