question archive Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the second plane took 16,000 hours to produce
Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the second plane took 16,000 hours to produce
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Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the second plane took 16,000 hours to produce. Using an 80% learning curve and a $35-per—hour labor charge, he wants to determine the cost of the six additional planes. Time required for the sixth unit = 11,240 hours (round your response to the nearest whole number). Cost of the sixth unit 2 393,400 dollars (round your response to the nearest whole number). Time required for the seventh unit = 10,690 hours (round your response to the nearest whole number) Cost of the seventh unit 2 dollars (round your response to the nearest whole number).
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Total Cost of the 7th unit of airplane:
= $374,150( Total Cost of the 7th unit of airplane.)
Step-by-step explanation
The given Data are the following:
Labor Charge per hour= $35/hour
The total labored hours to manufacture the 7th unit= 10,690 hours
To know the total cost of the 7th airplane unit we will need to use this formula:
= Total labored hours to manufacture the 7th unit × labor charge per hour
= 10,690hours × 35 labor charge per hour
= $ 374,150( The total cost of the 7th airplane unit.)
