LEARNING CURVE TABLE 1.0000 0.8000 1.0000 0.8500 0.7021 0.6400 0.7729 0.5957 0.5618 0.5345 0.5120 0.7225 0.6856 0.6569 0.6336 0.6141 1.0000 0.9000 0.8462 0.8100 0.7830 0.7616 0.7440 0.7290 1.0000 0.9500 0.9219 0.9025 0.8877 0.8758 0.8659 0.8574 Question 1 (13 marks) ABC produces equipment. It has just completed the manufacture of its first newly designed AB-XY Data is as follows: Direct Materials $ 5,000 Direct labor-first unit 180 hrs Learning curve - Incremental 90% Direct labor cost $45/DM labour hour Variable Manufacuring OH costs $75/DM labour hour Calculate the variable cost of producing 8 units of AB-XY (4 marks) Assume a cumulative average learning curve of 90%-what are the variable costs of producing 8 units of AB-XY (3 marks) Assume no learning curve - What is the variable cost of producing 8 units of product AB-XY 12 marks) If a cumulative Learning curve and wanted to save $5760. What would the LC need to be (4 marks)