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Refer to the table below. Assume that the company involved now finds that the learning rete is 90 percent. The 90 percent leaming rate

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Refer to the table below. Assume that the company involved now finds that the learning rete is 90 percent. The 90 percent leaming rate coefficient is -0152003; that is b=-0.152003 in the formula Y-ax. Required: Using the formula, Y= ax, 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.) Labor Time Required to Unit Produced Produce the Xth Unit (Le, the last (X) 1 single unit produced 1 3 Cumulative Total Time in Labor- Total Cost(3) Average Cost per Unit(4) Hours(2) 100.00 100.00 $ 5,000.00 $ 5,000.00 2 90.00 190.00 9,500.00 4.750.00 3 04.62 274.62 13,731.03 4.577.01 4 81.00 35682 17,781.03 4,445.26 5

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