labor utilization
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:It takes a lawyer 120 minutes to serve one customer. Demand is 2 customers per 6-hour day. The lawyer has a wage rate of $200 per
hour.
a. What is the cost of direct labor for the lawyer expressed in $ per customer?
per customer
b. What is the labor utilization of the lawyer? (Enter your answer as a decimal between 0 and 1 (not a percentage) rounded to 2 decimal
places.)
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