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Sumsung company which manufacture LCD TV. The 1st lot of 10 units was completed in 1400 labour hours. Find each subsequent lot, the commutative production was doubled. And it has observed that 90% learning effect applies to all labour related cost. The anticipated production is 320 units of LCD TV find total labour cost required to manufacture 320 unit and also find the total labour cost at Rs. 20/hrs. |
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Answer» Let 10 units = 1 lot
Total labour hrs = 26453.952 Labour cost at Rs. 20/hr = 529079.04
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