Question: Learning curve ( based on 2 0 2 3 exam ) Robotics company manufactures robots designed for healthcare applications. In February 2 0 2 3
Learning curve based on exam Robotics company manufactures robots designed for healthcare applications. In February the company wins a bid to produce robots of its newest model. The estimated production costs are as follows: Facilityrelated manufacturing overhead cost is allocated based on direct labor hour. Supporting overhead cost is allocated based on direct material cost. Robotics has an learning curve. And the company pricing policy is based on full production cost plus a mark up of Required: a Calculate the following: i The selling price of the first robot manufactured. ii The prices of both the first and second robots manufactured if bought together. marks iii The prices of the third and fourth robots manufactured if the first two have already been sold when the order is placed. marks iv If all robots are sold to one customer what price would be charged per robot. marks b Assume that the first robots have already been purchased by a customer. Another customer orders the th robot. What would be the selling price of that th robot? you should use the mathematical method to support your calculations, a learning curve means the learning coefficient, b marks marks Total: marks
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