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.
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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