It cost a contractor 12750 to manufacture their first unit T

It cost a contractor $12,750 to manufacture their first unit. The company expects to experience a 92% unit learning curve. Estimate the cost of the 10th unit. (Round intermediate calculations to 4 decimal places)

A)   $15,661

B)   $9,665

C)   $10,380

D)   $11,985

It cost a contractor $12,750 to manufacture their first unit. The company expects to experience a 92% unit learning curve. Estimate the cost of the 10th unit. (Round intermediate calculations to 4 decimal places)

A)   $15,661

B)   $9,665

C)   $10,380

D)   $11,985

Solution

B) $9,665