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The 10th Repetition of Job Is Timed at 100 Minutes

question 38

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The 10th repetition of job is timed at 100 minutes. If the learning curve for this job is 80 percent, what is the estimated time for the 100th repetition of this job?


Definitions:

F.O.B Destination

A shipping term indicating that the seller pays for transportation of the goods to the destination and retains ownership until delivery is completed.

Perpetual Inventory Method

An accounting method that records goods and materials inventory after every addition or subtraction, providing a continuous record of inventory levels.

General Journal Entries

Account records in the general journal that detail financial transactions and their impact on accounts.

Perpetual Inventory Method

A continuous system of recording inventory transactions immediately as they occur, providing an up-to-date record of stock levels.

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