Question 2 (Marks: 30) You are provided with the following information: \begin{tabular}{|l|l|} \hline Cumulative production & Value \\ \hline Direct labour needed to make first machine & 1000 hours \\ \hline Learning curve & 60% \\ \hline Direct labour costs & R5 per hour \\ \hline Direct material costs & R1 800 per machine \\ \hline Fixed cost in total, absorbed on a per unit basis & R12000 \\ \hline \end{tabular} Required: Q.2.1 Using the learning curve theory and the information provided above, calculate the expected average unit cost of producing: Q.2.2 Your friend is interested in finance. Explain to him/her what the Learning Curve Theory is. Q.2.3 List the three ratios that can be used to test the reliability of a cost equation. You are provided with the following information: Required: Q.2.1 Using the learning curve theory and the information provided above, calculate the expected average unit cost of producing: [Round your answers off to two decimal places, where applicable.]