A property title search firm is contemplating using online software to increase its search productivity. Currently an average of 40minutes is needed to do a title search. The researcher cost is $2 per minute. Clients are charged a fee of $400. Company A's softwarewould reduce the average search time by 10 minutes, at a cost of $3.50 per search. Company B's software would reduce the averagesearch time by 12 minutes at a cost of $3.60 per search.a. Calculate the productivity in terms of revenue per dollar of input. (Round your intermediate calculations and final answers to 2decimal places. Omit the "$" sign in your response.)Productivity(Revenue per Dollar Input)$ApproachCurrentCompany ACompany B$b. Which option would have the highest productivity in terms of revenue per dollar of input?Company ACompany BCurrent

Meaning of Productivity Productivity means the production of goods with high quality and also at a…

Answered: a. Calculate the productivity in terms…

Business

Accounting

a. Calculate the productivity in terms of revenue per dollar of input. (R

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

On a CVP graph, the intersection of the sales revenue line and the total cost line is known as the: a. margin of safety point b. total cost point c. breakeven point d. unit contribution margin
Describe the Unit-Profit or Unit-Cost Calculation?
Atlanta Systems produces two different products, Product A, which sells for $450 per unit, and Product B, which sells for $800 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Machining, which uses machine hours as an activity driver; and Inspection, which uses number of batches as an activity driver. The cost of each activity and usage of the activity drivers are as follows: Usage by Product A Usage by Product B Cost Design (Engineering Hours) Machining (Machine Hours) Inspection (Batches) $ 190,000 $1,800,000 $ 108 142 2,160 2,840 160,000 42 38 8 Atlanta manufactures 12,500 units of Product A and 10,200 units of Product B per month. Each unit of Product A uses $100 of direct materials and $45 of direct labor, while each unit of Product B uşes $140 of direct materials and $75 of direct labor.
Draw up a marginal statement that calculates the contribution per unit
Answer full question
1.) Explain the effects of an increase in the volume of activity on the following costs. (Assume volume remains within the relevant range .) a. Total variable costs. b. Variable cost per unit. Total fixed cpst . d. Fixed cost per unit. e. Total semi variable costs. f. Semi variable cost per unit .
The “plus” in cost-plus pricing is often referred to as Markup. Extra profit. Gross profit. Margin of Safety.
On a cost-volume-profit graph, the revenue line will be shown below the total expense line for any activity level above the break-even point. FALSE O TRUE
Hi, How do you calculated variable production cost per unit?
Answer full question.
Question: In marginal accounting, what is the primary focus when analyzing costs and revenues? A) Total accumulated costs and revenues B) Average costs and revenues C) Incremental changes in costs and revenues D) Fixed costs and variable costs
What is meant by incremental revenue or incremental cost?