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Mixing Company manufactured 2,200 units of its only product during 2022. The inputs for this production are as follows:   520 pounds of Material A at a cost of $2.20 per pound 370 pounds of Material H at a cost of $3.45 per pound 580 direct labor hours at $48 per hour   The firm manufactured 2,268 units of the same product in 2021 with the following inputs:   540 pounds of Material A at a cost of $1.40 per pound 400 pounds of Material H at a cost of $2.70 per pound 450 direct labor hours at $18 per hour   In 2021, the partial financial productivity of direct labor is:   Multiple Choice   0.28.   5.04.   4.48.   0.25.   5.60.

Mixing Company manufactured 2,200 units of its only product during 2022. The inputs for this production are as follows:   520 pounds of Material A at a cost of $2.20 per pound 370 pounds of Material H at a cost of $3.45 per pound 580 direct labor hours at $48 per hour   The firm manufactured 2,268 units of the same product in 2021 with the following inputs:   540 pounds of Material A at a cost of $1.40 per pound 400 pounds of Material H at a cost of $2.70 per pound 450 direct labor hours at $18 per hour   In 2021, the partial financial productivity of direct labor is:   Multiple Choice   0.28.   5.04.   4.48.   0.25.   5.60.

FINANCIAL ACCOUNTING
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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Q21

 

Mixing Company manufactured 2,200 units of its only product during 2022. The inputs for this production are as follows:

 

520 pounds of Material A at a cost of $2.20 per pound

370 pounds of Material H at a cost of $3.45 per pound

580 direct labor hours at $48 per hour

 

The firm manufactured 2,268 units of the same product in 2021 with the following inputs:

 

540 pounds of Material A at a cost of $1.40 per pound

400 pounds of Material H at a cost of $2.70 per pound

450 direct labor hours at $18 per hour

 

In 2021, the partial financial productivity of direct labor is:

 

Multiple Choice
  •  
    0.28.
  •  
    5.04.
  •  
    4.48.
  •  
    0.25.
  •  
    5.60.
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