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PM – BPP Questions 172 – Learning curves

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › PM – BPP Questions 172 – Learning curves

  • This topic has 4 replies, 2 voices, and was last updated 1 year ago by LMR1006.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • December 2, 2023 at 11:56 am #695864
    Ameerul96
    Participant
    • Topics: 10
    • Replies: 10
    • ☆

    Hi,

    I have something to confirm on question A, when calcualting the labour cost which we will be using the y=ax^b

    I’m confused because as per what I understand, a should be the “time taken” for the 1st batch

    But why when calculating for this, the suggested answer showing total cost 5 hours x cost 18 per hour = 90$?

    Thanks

    December 2, 2023 at 12:04 pm #695865
    Ameerul96
    Participant
    • Topics: 10
    • Replies: 10
    • ☆

    I think i know why, cause we want to calculate the cost instead of average time, that’s why the suggested answer directly multiply with the cost per hour i.e 18$ to get the labour cost.

    Let me know if my understanding is not correct.

    December 2, 2023 at 5:26 pm #695877
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1578
    • ☆☆☆☆☆

    It is because you are calculating the total VC =MC

    So labour is 5 hours at $18 = $90

    December 3, 2023 at 8:43 am #695921
    Ameerul96
    Participant
    • Topics: 10
    • Replies: 10
    • ☆

    Thank you

    December 3, 2023 at 11:33 am #695930
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1578
    • ☆☆☆☆☆

    Your welcome

  • Author
    Posts
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