Consider the information given below. 345,000 units Output Sales price $1,315.00/unit Inputs 6,800 labor hours @ $14.00 per hour Material cost $40,750,000 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 Utilities productivity Total productivity $/material$ $/utilitys $/input$
Consider the information given below. 345,000 units Output Sales price $1,315.00/unit Inputs 6,800 labor hours @ $14.00 per hour Material cost $40,750,000 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 Utilities productivity Total productivity $/material$ $/utilitys $/input$
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Consider the information given below.
345,000 units
Output
Sales price $1,315.00/unit
Inputs
6,800 labor hours @ $14.00 per hour
Material cost
$40,750,000
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
Utilities productivity
Total productivity
$/material$
$/utilitys
$/input$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4fd62ac1-70cd-4430-84f7-32f89d8d8776%2Fbcd3aa50-72e7-45bf-acbc-ec7ce7be989f%2Flzllfzk_processed.png&w=3840&q=75)
Transcribed Image Text:Consider the information given below.
345,000 units
Output
Sales price $1,315.00/unit
Inputs
6,800 labor hours @ $14.00 per hour
Material cost
$40,750,000
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
Utilities productivity
Total productivity
$/material$
$/utilitys
$/input$
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