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the labor cost to produce a certain item is 1 0 . 5 0 per hour. Job setup costs 4 5 and material costs are

the labor cost to produce a certain item is 10.50 per hour. Job setup costs 45 and material costs are 25 per unit. The item can be purchased for 100.50 per unit. The learning rate is 85 percent. Overhead is charged at a rate of 50 percent of labor, materials, and setup costs.

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