Scenario: 3 Astra company produces a single product. The first unit of a new product...
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Accounting
Scenario: 3
Astra company produces a single product. The first unit of a new product requires (choose between 150 to 180 hours in multiple of 5) to manufacture. It is anticipated that an 80% learning curve applies.
Required: Use the data provided above about Astra company, identify 2 methods of the concept identified in (a) above and calculate cumulative average time and total time to produce 2 units and 8 units.
10 marks
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