Exercise $5-60($Static$)$ Learning Curves $($Appendix B$)($LO $5-4,7)$

Refer to the table below. Assume that the company involved now finds that the learning rate is $80$ percent. The $80$ percent learning rate coefficient is $-0\mathrm{.}321928$ ; that is $b=-0\mathrm{.}321928$ in the formula $Y=a{x}^b.$

Required:

Using the formula $Y=a{x}^b$ compute the labor time and costs for $5,6,$ and $7$ units.

Note: Round your intermediate calculations $($except for coefficient$)$ and final answers to $2$ decimal places.

$\backslash$table$[[\backslash$table$[[$Unit$],[$Produced$],[($X$)]],\backslash$table$[[$Labor Time$],[$Required to$],[$Produce the Xth$],[$Unit $($i$.$e$.,$ the last$],[$single unit$],[$produced$)],[($Y$)]],\backslash$table$[[$Cumulative$],[$Total Time$],[$in Labor$-],[$Hours$]],,\backslash$table$[[$Total$],[$Cost$]],\backslash$table$[[$Average Cost$],[$per Unit$]]],[1,100\mathrm{.}00,100\mathrm{.}00,$$$,5,000\mathrm{.}00,$$$,5,000\mathrm{.}00$