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My toy car company made 3051 cars last year sold for $54 each. I also paid 3 employees with an average salary of $41,985. I have raw materials cost of $1 per unit. All of my overhead cost $ 14,525. What is my total productivity (no units, rounded to 2 decimal places) ?

My toy car company made 3051 cars last year sold for $54 each. I also paid 3 employees with an average salary of $41,985. I have raw materials cost of $1 per unit. All of my overhead cost $ 14,525. What is my total productivity (no units, rounded to 2 decimal places) ?

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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My toy car company made 3051 cars last year sold for $54 each. I also paid 3 employees with an average salary of $41,985. I have raw materials cost of $1 per unit. All of my overhead cost $ 14,525. What is my total productivity (no units, rounded to 2 decimal places)?
Transcribed Image Text:My toy car company made 3051 cars last year sold for $54 each. I also paid 3 employees with an average salary of $41,985. I have raw materials cost of $1 per unit. All of my overhead cost $ 14,525. What is my total productivity (no units, rounded to 2 decimal places)?
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