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Determine estimate the cost of the unit

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Question 1. It cost a contractor $13,750 to manufacture their first unit. The company expects to experience a 93% unit learning curve. Estimate the cost of the 14th unit. (Round intermediate calculations to 4 decimal places)

a. $12,003

b. $10,286

c. $10,431

d. $9,894

Reference no: EM132483559

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