Refer to the table below. Assume that the company involved now finds that the learning rate is 92 percent. The 92 percent learning rate coefficient is 0.120294; that is b = 0.120294 in the formula Y = aXb.

Using the formula, Y = aX^b, compute the labor time and costs for 5, 6, and 7 units.

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	92.00	192.00	9,600.00	4,800.00
3	87.62	279.62	13,981.02	4,660.34
4	84.64	364.26	18,213.02	4,553.25
5
6
7
8	77.87	684.27	34,213.39	4,276.67