Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,620 cages Sales price: $3.80 per unit Production time Wages Raw materials (total cost) Component parts (total cost) INPUT Units sold Sales (dollars) Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Total Productivity 640 labor hours $ 7.80 per hour per dollar input per dollar input $31,250 $15,450

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...
icon
Related questions
Question
Live Trap Corporation received the data below for its rodent cage production unit.
OUTPUT
49,620 cages
Sales price: $3.80 per unit
Production time
Wages
Raw materials (total cost)
Component parts (total cost)
INPUT
Units sold
Sales (dollars)
Find the total productivity in units sold and dollars of sales per dollar input.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Total Productivity
640 labor hours
$7.80 per hour
$31,250
$15,450
per dollar input
per dollar input
Transcribed Image Text:Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,620 cages Sales price: $3.80 per unit Production time Wages Raw materials (total cost) Component parts (total cost) INPUT Units sold Sales (dollars) Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Total Productivity 640 labor hours $7.80 per hour $31,250 $15,450 per dollar input per dollar input
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.