Learning curve, cumulative average-time learning model Global Defense manufactures radar systems. It has just completed the manufacture
Question:
Learning curve, cumulative average-time learning model Global Defense manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data for the RS-32 follow:
Required:Calculate the total variable costs of producing 2, 4, and 8units.
Transcribed Image Text:
Direct material cost Direct manufacturing labor time for first unit Learning curve for manufacturing labor time per radarsystem Direct manufacturing labor cost Variable manufacturing overhead cost $160,000 per unit of RS-32 6,000 direct manufacturing labor-hours 85% cumulative average time 30 per direct manufacturing labor-hour 20 per direct manufacturing labor-hour In 0.85 -0.162519 Using the fomula (p. 359), for a 85% learning curve, b = = -0.234465 0.693147
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Cost Accounting A Managerial Emphasis
ISBN: 978-0132109178
14th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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