The labor hours used by ABC for producing the first two


ABC Company manufactured two units of a new fabrication machine for a large customer. The labor hours used by ABC for producing the first two machines were 500 and 450 respectively. The customer is happy with the machines supplied by ABC and wants to award a contract to build 398 more machines for a total of 400. How many labor hours will probably be used for building the last machine? Assuming labor cost to be $50 per hour, what will be the average labor cost of building 400 machines?How many labor hours will probably be used for building the last machine?

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