You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition.You find a company can produce a product the first time at a cost of $2,500.If their 65 percent Learning Curve allows them to reduce their costs on each product,what is the total cost of producing 400 units of the new product?
A)$100,000
B)$78,900
C)$58,600
D)$45,765
E)$37,850

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The Answer of You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition.You find a company can produce a product the first time at a cost of $2,500.If their 65 percent Learning Curve allows them to reduce their costs on each product,what is the total cost of producing 400 units of the new product?
A)$100,000
B)$78,900
C)$58,600
D)$45,765
E)$37,850

You Are a Consultant Called in to Estimate the Costs