116.
117.
Woodman Products, Inc., has found that new products follow a learning curve. The first
two units have been completed with the following results:
Units Produced
Marginal Labor Time
1
112.50
2
90.00
118.
119.
120.
121.
122.
123.
124.
125.
126.
127.
128.
129.
130.
131.