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The direct labor time required to produce the first sailboat of a particular model was 3 0 0 0 hours. If the company believes that

The direct labor time required to produce the first sailboat of a particular model was 3000 hours. If the company believes that an 80% learning curve applies to the production of this model sailboat then the direct labor time required to produce the 2nd boat is estimated to be
600 hours.
2,400 hours.
3,600 hours.
4,000 hours.
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