Question: The cumulative average labor cost per unit for the first batch (of 100 units) produced using a new process is P200. The cumulative average

The cumulative average labor cost per unit for the first batch (of

The cumulative average labor cost per unit for the first batch (of 100 units) produced using a new process is P200. The cumulative average labor cost after the second batch is P140. 1. The new process has a learning curve percentage of 2. Assuming that the learning curve obtained in preceding number continues, the cumulative (total) labor cost of four batches is

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