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The unit improvement factor for a 60 percent learning curve at 25 units is 0.0933. The first and second timings of a person doing a job are 5 minutes and 3 minutes respectively. Which of the following is the learning-adjusted time estimate for unit number 25?
Raw Materials Used
The total quantity and cost of raw materials employed in the production process during a specific period.
Direct Labour
The wages and expenses directly associated with the production of goods, representing labor that can be directly allocated to products.
Manufacturing Overhead
The indirect factory-related costs that are not directly tied to a specific product.
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