Calculate FlySafair's multifactor productivity for 2022 Q1 and 2022 Q2.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Calculate FlySafair's multifactor productivity for 2022 Q1 and 2022 Q2.
The information below relates to the quarterly operations of FlySafair. Study the information and answer the following
questions.
INFORMATION
Number of passengers ferried during quarter
Average price of ticket per passenger during quarter
Total direct labour costs during quarter
Total direct material costs including, aircraft fuel costs during quarter
Total indirect operating expenses (i.e., overhead costs) during quarter
Other operating costs during quarter
2022 Q1
150 000
R2 200
20% of ticket
price
50% of ticket
price
R50 600 000
R15 800 000
2022 Q2
180 000
R2 350
20% of ticket
price
55% of ticket
price
R62 000 000
R12 500 000
Transcribed Image Text:The information below relates to the quarterly operations of FlySafair. Study the information and answer the following questions. INFORMATION Number of passengers ferried during quarter Average price of ticket per passenger during quarter Total direct labour costs during quarter Total direct material costs including, aircraft fuel costs during quarter Total indirect operating expenses (i.e., overhead costs) during quarter Other operating costs during quarter 2022 Q1 150 000 R2 200 20% of ticket price 50% of ticket price R50 600 000 R15 800 000 2022 Q2 180 000 R2 350 20% of ticket price 55% of ticket price R62 000 000 R12 500 000
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