Large Vessels Inc. accepted an order for $4$ ships. The production process is lengthy due to the customization required in the specification outlined in the contract. The production of the first ship required $72,000$ direct labor hours. Based on past projects, the company anticipates an $75\%$ incremental unit time learning curve.

a$.$ What is the number of labor hours expected to be incurred to produce the second ship?

Answer $1$

$54,000$

b$.$ What is the number of labor hours expected to be incurred to produce the fourth ship?

Answer $2$

$40,500$

c$.$ Recalculate your answers to parts a & b using a $65\%$ incremental unit time learning curve.

Second Ship Answer $3$

$46,800$

Fourth Ship Answer $4$

d$.$ Recalculate your answers to parts a & b using a $85\%$ incremental unit time learning curve.

Second Ship Answer $5$

$61,200$

Fourth Ship Answer $6$