Refer to the table below. Assume that the company involved now finds that the learning rate is 90 percent. The 90 percent learning rate coefficient is 0.152003; that is b = 0.152003 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 # Labor Time Required to Produce the Xth Unit (Y) Tot Time in Labor Hours (2) Total Cost (3) Average Cost per Unit (4)

5 ? ? ? ?

6 ? ? ? ?

7 ? ? ? ?