During training, the slope of the log-log graph (ln(Cumulative Output) vs. ln(Cost)) is found to be 0.07.

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During training, the slope of the log-log graph (ln(Cumulative Output) vs. ln(Cost)) is found to be −0.07. The first item required 38 minutes to complete.

How long would you expect the 28th item to require (in minutes)?

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Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

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Posted Date: Dec 17, 2023 08:04 AM

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During training, the slope of the log-log graph (ln(Cumulative Output) vs. ln(Cost)) is found to be 0.07.

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Relate Cost and Time Since the slope of the loglog graph is 007 it indicates a powerlaw relationship ... View the full answer

Management Accounting Information for Decision-Making and Strategy Execution

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