change in factor
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Question 1: Productivity
The following table shows data on the average number of customers processed by several vehicle service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer.
|
Unit |
Employee |
Customers Processed/ Day |
|
A |
4 |
36 |
|
B |
5 |
40 |
|
C |
8 |
60 |
|
D |
3 |
20 |
- Compute multifactor productivity for each unit. Use an 8-hour day for multifactor productivity. (3marks)
2. If unit B is able to increase its number of customers processed per day from 40 to 50, what will its new multifactor productivity be? (3 marks)
3.What is the percentage change in factor of productivity? (4 marks)
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 images
