Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the

third

plane took

16,000

hours to produce. Using an

75%

learning curve and a

$40-per-hour

labor charge, he wants to determine the cost of the

five

additional planes.

Part 2

Time required for the

fifth

unit =

14,194

hours (round your response to the nearest whole number).

Part 3

Cost of the

fifth

unit =

567,760

dollars (round your response to the nearest whole number).

Part 4

Time required for the

sixth

unit =

13,600

hours (round your response to the nearest whole number).

Part 5

Cost of the

sixth

unit =

544,000

dollars (round your response to the nearest whole number).

Part 6

Time required for the

seventh

unit =

13,117

hours (round your response to the nearest whole number).

Part 7

Cost of the

seventh

unit =

524,680

dollars (round your response to the nearest whole number).