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Magic Corporation fabricates and sales electronic devices. Below is information about one of their products, the most popular one. Units sold Sales price each Total labour hours Wage rate Total materials Total energy 4,868 $5,100 82,341 $13/hour $17,500 $7,500 a. Calculate the productivity in sales revenue/labour expense for this product. b. Calculate the total productivity in sales revenue/total expenses for this product.

Magic Corporation fabricates and sales electronic devices. Below is information about one of their products, the most popular one. Units sold Sales price each Total labour hours Wage rate Total materials Total energy 4,868 $5,100 82,341 $13/hour $17,500 $7,500 a. Calculate the productivity in sales revenue/labour expense for this product. b. Calculate the total productivity in sales revenue/total expenses for this product.

Practical Management Science
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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Problem 1 Magic Corporation fabricates and sales electronic devices. Below is information about one of their products, the most popular one. Units sold Sales price each Total labour hours Wage rate Total materials Total energy 4,868 $5,100 82,341 $13/hour $17,500 $7,500 a. Calculate the productivity in sales revenue/labour expense for this product. b. Calculate the total productivity in sales revenue/total expenses for this product.
Transcribed Image Text:Problem 1 Magic Corporation fabricates and sales electronic devices. Below is information about one of their products, the most popular one. Units sold Sales price each Total labour hours Wage rate Total materials Total energy 4,868 $5,100 82,341 $13/hour $17,500 $7,500 a. Calculate the productivity in sales revenue/labour expense for this product. b. Calculate the total productivity in sales revenue/total expenses for this product.
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