Learning Curve

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February 18, 2014 at 5:33 am #159185
Vangie
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June 2013 Q3 Working 2: Direct labour

Direct labour – cost per unit for first one hundred units:

Y = axb
45 x 100–0·152 = 22·346654 minutes

**** Can you please help me understand how to calculate the answer which is 22.346654 please?
March 3, 2014 at 4:03 pm #161355
Shaneta
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It is 45 x 100 ^(-0.152) = 22.316654 minutes

^ means raised to the power.

Put it all in the calculator and you get your answer. 🙂
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