Looking for cost savings in administrative areas, the vice-president for humanresources at McMahon Corporation asked his assistant to collect data on theemployee cafeterias in the four McMahon locations around the country. After twodays, the assistant returned with the following data for the previous year.MobileLansingSpokane23,500РеcosLabor-hours37,30056,3005,400Meals served114,000222,00079,00013,900Required:a. Compute the partial productivity measures for labor for the four locations. (Roundyour answers to 3 decimal places.)Partial LaborLocationProductivityMobileРесosSpokaneLansing

Partial labour Productivity is measure related to total output at single input labour hour.

Looking for cost savings in administrative areas, the vice-president for human resources at McMahon Corporation asked his assistant to collect data on the employee cafeterias in the four McMahon locations around the country. After two days, the assistant returned with the following data for the previous year. Spokane 23,500 79,000 Lansing 5,400 13,900 Mobile Реcos 56,300 222,000 Labor-hours 37,300 114,000 Meals served Required: a. Compute the partial productivity measures for labor for the four locations. (Rour your answers to 3 decimal places.) Partial Labor Location Productivity Mobile Pecos Spokane Lansing

Looking for cost savings in administrative areas, the vice-president for human resources at McMahon Corporation asked his assistant to collect data on the employee cafeterias in the four McMahon locations around the country. After two days, the assistant returned with the following data for the previous year. Spokane 23,500 79,000 Lansing 5,400 13,900 Mobile Реcos 56,300 222,000 Labor-hours 37,300 114,000 Meals served Required: a. Compute the partial productivity measures for labor for the four locations. (Rour your answers to 3 decimal places.) Partial Labor Location Productivity Mobile Pecos Spokane Lansing

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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Top management at Reisener Corporation are looking to improve productivity in corporate staff functions. One area targeted for the initiative is the Human Resources (HR) department. The following data were collected for three relatively routine actions for the most recent period: hiring, separations, and transfers (within Reisner facilities). Staff-hours Personnel actions completed Action Hiring Separations Transfers Hiring 3,500 110 Required: a. Compute the partial productivity measures for labor for the three actions. Note: Round your answers to 3 decimal places. Partial Labor Productivity Separations 2,700 62 Transfers 3,900 110
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports-the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 63 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Fixed Cost per Cost per Cost per Month Student Course $ 2,910 $ 1,240 $ 4,500 $ 2,100 $ 3,500 Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses $ 80 Actual $ 53,170 $ 10,920 $ 17,490 $ 41 For example, administrative expenses should be $3,500 per month plus $41 per course plus $5 per student. The company's sales should average $890 per student. $ 1,970 $ 4,500 $ 2,240 $ 3,405 $ 280 The company planned to run four courses with a total of 63 students;…
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Looking for cost savings in administrative areas, the vice-president for human resources at McMahon Corporation asked his assistant to collect data on the employee cafeterias in the four McMahon locations around the country. After two days, the assistant returned with the following data for the previous year. Mobile Pecos Spokane Lansing Labor-hours 35,500 58,800 24,100 6,000 Meals served 111,000 217,000 77,000 13,300 Required: a. Compute the partial productivity measures for labor for the four locations. (Round your answers to 3 decimal places.)