What is the learning curve percentage

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Questions -

Q1. The first job by a new employee averages 70 minutes and the second job averages 25.2 minutes. What is the learning curve percentage, assuming the cumulative average-time method?

Q2. Sparkle jewelry sells 800 units resulting in $85,000 of sales revenue, $32,000 of variable costs, and $26,000 of fixed costs. The number of units that must be sold to achieve $41,000 of operating income is?

Q3. Fixed costs equal $16,000 unit contribution margin equals $35, and the number of units sold equal 1,300. Operating income is?

Reference no: EM132643003

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