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dxpayne dxpayne
wrote...
Posts: 930
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6 years ago
Vestor Ltd. has estimated a 90% cumulative average-time learning curve applies to labour time to manufacture its new product. The first unit took 18 hours. If Vestor's estimates are correct, how many hours will be used to manufacture 4 total units?
A) 14.58 hours
B) 64.80 hours
C) 72.00 hours
D) 64.01 hours
E) 58.32 hours
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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Replies
wrote...
6 years ago
E
Explanation:  E) 18 * .9 * .9 = 14.58 average 14.58 * 4 = 58.32 hours
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