(a)
Interpretation:The average unit cost is to be determined when the first unit takes 4 hours formanufacturing.
Concept Introduction: The learning curve is the curve that develops a learning skill from earlier mistakes. It is a curve prepared through the experience of a person which is developed from the tasks and body of knowledge.
(b)
Interpretation: The minimum number of units is to be determinedso that it meets before the selling price or exceeds the average unit cost.
Concept Introduction: The learning curve is the curve that develops a learning skill from earlier mistakes. It is a curve prepared through the experience of a person which is developed from the tasks and body of knowledge.
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