Determine the labor costs required to produce the 100th, Business Economics

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Determine the labor costs required to produce the 100th

Determine the labor costs required to produce the 100th item if the first item requires 45 days to produce and the learning curve percentage is 82%. The average cost of labor is $8.50 per hour and two 9-hour shifts work each day. The average number of people working on the item is eight.

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