1. Calculate the productivity profile for 20x1. If required, round your answers to two decimal places. Partial Operational Productivity Ratios Labor productivity ratio Material productivity ratio 2. Calculate the productivity profile for 20x2. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x2 Profile Labor productivity ratio Material productivity ratio 3. What if the labor hours used in 20x2 were 127,500? What does comparison of the 20x1 and 20x2 profiles now communicate? If required, round your answers to two decimal place Partial Operational Productivity Ratios 20x1 Profile 20x2 Profile Labor productivity ratio Material productivity ratio 20x1 Profile 00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Profile
Productivity Measurement Objective
In 20x2, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the company's productivity:
20x2
Number of units produced
Labor hours used
Materials used (lbs.)
Required:
20x1
570,000
142,500
2,280,000
450,000
90,000
1,500,000
1. Calculate the productivity profile for 20x1. If required, round your answers to two decimal places.
Partial Operational Productivity Ratios
Labor productivity ratio
Material productivity ratio
2. Calculate the productivity profile for 20x2. If required, round your answers to two decimal places.
20x2 Profile
20x1 Profile
Partial Operational Productivity Ratios
Labor productivity ratio
Material productivity ratio
3. What if the labor hours used in 20x2 were 127,500? What does comparison of the 20x1 and 20x2 profiles now communicate? If required, round your answers to two decimal places.
Partial Operational Productivity Ratios
20x1 Profile
20x2 Profile
Labor productivity ratio
8
Material productivity ratio
Transcribed Image Text:Profile Productivity Measurement Objective In 20x2, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the company's productivity: 20x2 Number of units produced Labor hours used Materials used (lbs.) Required: 20x1 570,000 142,500 2,280,000 450,000 90,000 1,500,000 1. Calculate the productivity profile for 20x1. If required, round your answers to two decimal places. Partial Operational Productivity Ratios Labor productivity ratio Material productivity ratio 2. Calculate the productivity profile for 20x2. If required, round your answers to two decimal places. 20x2 Profile 20x1 Profile Partial Operational Productivity Ratios Labor productivity ratio Material productivity ratio 3. What if the labor hours used in 20x2 were 127,500? What does comparison of the 20x1 and 20x2 profiles now communicate? If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x1 Profile 20x2 Profile Labor productivity ratio 8 Material productivity ratio
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