Refer to the table below. Assume that the company involved now finds that the learning rate is 94 percent. The 94 percent learning rate coefficient is -0.089267; that is b = -0.089267 in the formula Y = aX^b.

Required:

Using the formula, Y = aX^b, compute the labor time and costs for 5, 6, and 7 units. (Round your intermediate calculations (except for coefficient) and final answers to 2 decimal places.)

Unit Produced (X)	Labor Time Required to Produce the Xth Unit (i.e., the last single unit produced)1 (Y)	Cumulative Total Time in Labor- Hours(2)	Total Cost(3)	Average Cost per Unit(4)
1	100.00	100.00	$5,000.00	$5,000.00
2	94.00	194.00	9,700.00	4,850.00
3	90.66	284.66	14,232.93	4,744.31
4	88.36	373.02	18,650.93	4,662.73
5
6
7
8	83.06	711.97	35,598.38	4,449.80