Question: Problem #5: (4 Points). If ABC 's labor rate for Problem #3 is $15 per hour with a 35% benefit rate and a 25% profit

Problem #5: (4 Points). If ABC 's labor rate for Problem #3 is $15 per hour with a 35% benefit rate and a 25% profit markup on all products, what should the sales department quote as an average labor cost if the company only decided to make 25 units? Round to the nearest whole dollar. Problem #3: (4 points). ABC Pneumatics has been working on a new product for consumer automobile after-market sales. It's a custom hydraulic suspension on light duty trucks. The first unit they made took 20 total labor hours to complete with all workstation activities including packing time. They have just completed their 100i unit and their total processing time has been reduced to 10 hours per unit. Calculate the learning curve rate. Resolve the answer to the nearest percentage point

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