Hereford Company is planning to introduce a new product with an 80% learning rate for production for batches of 1,000 units. The variable labor costs are $30 per unit for the first 1,000-unit batch. Each batch requires 100 hours. There are $10,000 in fixed costs not subject to learning. What is the cumulative total time (labor hours) to produce 2,000 units based on the cumulative average-time learning curve? Oa. 160 hours Ob. 20 hours Oc. 100 hours Od. 80 hours Business ethics is learning what is right or wrong in the work environment and choosing what is right. True O False The basis of the learning curve is that as we perform an action over and over, we improve, and each additional performance takes less time than the preceding ones. True False