4. Learning Curve A particular manufacturing job is subject to an estimated 80% learning or experience curve. The first unit required 20 labor hours to complete. REQUIRED: A) What is the cumulative average time per unit after four (4) units are completed? B) How many hours are required to produce a total of two (2) units? C) How many hours are required to produce the second unit? DY Whicl fallou
4. Learning Curve A particular manufacturing job is subject to an estimated 80% learning or experience curve. The first unit required 20 labor hours to complete. REQUIRED: A) What is the cumulative average time per unit after four (4) units are completed? B) How many hours are required to produce a total of two (2) units? C) How many hours are required to produce the second unit? DY Whicl fallou
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![4. Learning Curve
A particular manufacturing job is subject to an estimated 80% learning or experience curve. The first unit
required 20 labor hours to complete.
REQUIRED:
A) What is the cumulative average time per unit after four (4) units are completed?
B) How many hours are required to produce a total of two (2) units?
C)
How many hours are required to produce the second unit?
D) Which of the following unfavorable variances would be directly affected by the relative position of a
production process on the learning curve?
a. Material price
b. Material usage
C.
Labor rate
d. Labor efficiency](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b9bed71-fd20-49a3-9e11-5fdda8289409%2F8b649357-b9cc-4b55-839b-a34edbc8a44c%2Ft2yzdgf_processed.png&w=3840&q=75)
Transcribed Image Text:4. Learning Curve
A particular manufacturing job is subject to an estimated 80% learning or experience curve. The first unit
required 20 labor hours to complete.
REQUIRED:
A) What is the cumulative average time per unit after four (4) units are completed?
B) How many hours are required to produce a total of two (2) units?
C)
How many hours are required to produce the second unit?
D) Which of the following unfavorable variances would be directly affected by the relative position of a
production process on the learning curve?
a. Material price
b. Material usage
C.
Labor rate
d. Labor efficiency
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