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Magic Corporation received a contract to develop and produce four electronic boards for a computer...

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Accounting

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Magic Corporation received a contract to develop and produce four electronic boards for a computer company. The following table shows the amount of labour hours and the cost of raw materials for each of the four electronic boards. Magic Corporation was asked to quote in a new contract for another eight electronic boards. Estimate the time and raw materials costs for the eight units. {Hint: There are two learning curves: one for labour and one for raw materials.) A cellphone company is interested in submitting an order for 2d units of a certain cell phone prototype. The costs of the rst 11] units that Magic IL'iorpmration has built of the cell phone prototype are listed below. "ME NUMBER NUMBER \"I.\" nun nun ___\" a. What would be a good learning rate estimate for the cell phone prototype? b. If learning continues. what is the expected total cost of the 20 cellphones purchase order? c. What is a good estimate of the cost for the 2d"1 unit?l

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