Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places. Labor productivity:--------------- $/labor$
Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places. Labor productivity:--------------- $/labor$
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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Question
Consider the information given below.
Output | Inputs |
330,000 units | 6,400 labor hours @ $15.00 per hour |
Sales price = $1,244.00/unit | Material cost = $38,875,000 |
Utilities cost = $4,200 |
Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places.
Labor productivity:--------------- $/labor$
Material productivity: ------------ $/material$
Utilities productivity: ---------- $/utility$
Total productivity: ---------- $/input$
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