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i just need help with number 3 please and a break down on how to do so. i need to know how to figure this
i just need help with number 3 please and a break down on how to do so. i need to know how to figure this out on a standard calculator only! so please show that way, thank you!
1. Assume that the first installation takes 800 hours, and the team of professionals is paid an average of $50 per hour.Complete the following table for Medcom Company (round answers to one decimal place): Cumulative Number of Systems Cumulative Average Time per System (in Hours) Cumulative Total Labor Hours 1 800 800 2 640 1,280 4 512 2,048 8 409.6 3,276.8 16 327.7 5,243.2 32 262.1 8,387.2 2. Using the data table above, calculate the total labor cost of Medcom installing four systems: Total Labor cost (round to the nearest dollar): 102,400 3. Using the data table above, calculate the following for Medcom to produce a third system: a. Cumulative average time to produce the third system (round to the nearest tenth): hours b. Total time required to produce three systems (round to the nearest tenth) hours c. Time to produce the third system (round to the nearest tenth) hours Step by Step Solution
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