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As the Purchasing Agent of Alliance Airlines, you are aware that the fifth plane you are about to receive took 22,500 labor hours to assemble. If the labor charge is $65.00 per hour and you estimate a learning curve of 85%, Calculate:

1. The labor hours to assemble airplane number seven

2. The total labor cost to assemble the first eight airplanes

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92763180

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