Consider the output and labor hour figures shown in the following table. Calculate the labor productivity for each week, as well as the average labor productivity for all six weeks. Output(in units)Productivity(units/hour)WeekLabor Hours13,16325023,12710033,9135043,6231003,90830062,977500The average labor productivity for all six weeks is units/hour. (Enter your response rounded to two decimal places.) WeekOutput (in units)Labor Hours13,1633,1272501003,9133,62335041003,9082,977300500

Formula: Labor productivity = Output ( Inputs ) / Labor hours.

Answered: Consider the output and labor hour…

Consider the output and labor hour figures shown in the following table. Calculate the labor productivity for each week, as well as the average labor productivity for all six weeks.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Consider the output and labor hour figures shown in the following table. Calculate the labor productivity for each week, as well as the average labor productivity for all six weeks.

Output
(in units)
Productivity
(units/hour)
Week
Labor Hours
1
3,163
250
2
3,127
100
3
3,913
50
4
3,623
100
3,908
300
6
2,977
500
The average labor productivity for all six weeks is units/hour. (Enter your response rounded to two decimal places.)

Week
Output (in units)
Labor Hours
1
3,163
3,127
250
100
3,913
3,623
3
50
4
100
3,908
2,977
300
500

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