The First Unit Requires 10 Hours to Complete

question 69

Multiple Choice

The first unit requires 10 hours to complete. If the industry uses an 80 percent learning rate, how long should the third unit take?

• A) 10 hours
• B) 9 hours
• C) 8 hours
• D) 7.02 hours
• E) 6.40 hours

---

Definitions:

Capital Account

A financial record that shows the changes in business ownership over a period. It includes capital contributions and withdrawals by owners.

Partner Capital Accounts

Accounts reflecting the individual investments of partners in a partnership, including their share of profits, losses, and any withdrawals.

Capital Additions

Investments or expenditures made to acquire or improve long-term assets, enhancing the asset value or extending its useful life.

Net Income

The net income of a business once all taxes, costs, and expenses have been deducted from the total revenue.