Consider the information given below. Output Inputs 335,000 units 6,400 labor hours @ $14.00 per hour Sales price = $1,301.00/unit Material cost = $41,250,000 Utilities cost = $4,600 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: $/input$
Consider the information given below. Output Inputs 335,000 units 6,400 labor hours @ $14.00 per hour Sales price = $1,301.00/unit Material cost = $41,250,000 Utilities cost = $4,600 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: $/input$
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Consider the information given below.
| Output | Inputs |
| 335,000 units | 6,400 labor hours @ $14.00 per hour |
| Sales price = $1,301.00/unit | Material cost = $41,250,000 |
| Utilities cost = $4,600 |
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: $/input$
Transcribed Image Text:Consider the information given below.
Inputs
6,400 labor hours @ $14.00 per hour
Material cost = $41,250,000
Utilities cost = $4,600
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:
10.56 $/material$
94,746.74 $/utility$
10.54 $/input$
Output
335,000 units
Sales price = $1,301.00/unit
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