Hereford company is planning to introduce a new product with an 80 percent learning rate for production for batches of 1,000 units. the variable labor costs are $30 per unit for the first 1,000-unit batch. each batch requires 100 hours. there are $10,000 in fixed costs not subject to learning. what is the batch unit time (labor hours) to produce 2,000 units based on the cumulative average time learning curve

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.