Question: Mofatse Cycles uses a standard hour plan with a base wage of R25 per hour. You were requested to plan a batch production run of

Mofatse Cycles uses a standard hour plan with a base wage of R25 per hour. You were requested to plan a batch production run of a new range of 50 bicycles. The company realized that a learning curve will be applicable since it is a new range and they run a short experiment assembling two bicycles using the same operator. The first bicycle took 15 minutes to assemble and the second bicycle took 13 minutes to assemble. a. Determine the equation of the learning curve. b. What is the % learning? C. How long will it take the worker to reach a MTM determined standard time of 10 minutes? d. What is the unit labour cost for the first unit? e. What is the unit labour cost for the 50th unit
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