Q47 Mixing Company manufactured 1,600 units of its only product during 2022. The inputs for this production are as follows: 460 pounds of Material A at a cost of $1.60 per pound 310 pounds of Material H at a cost of $2.85 per pound 340 direct labor hours at $24 per hour The firm manufactured 1,620 units of the same product in 2021 with the following inputs: 540 pounds of Material A at a cost of $1.20 per pound 370 pounds of Material H at a cost of $2.50 per pound 420 direct labor hours at $22 per hour In 2021, the partial financial productivity of Material A is: Multiple Choice 0.27. 0.23. 2.50. 2.78. 3.00.
Q47 Mixing Company manufactured 1,600 units of its only product during 2022. The inputs for this production are as follows: 460 pounds of Material A at a cost of $1.60 per pound 310 pounds of Material H at a cost of $2.85 per pound 340 direct labor hours at $24 per hour The firm manufactured 1,620 units of the same product in 2021 with the following inputs: 540 pounds of Material A at a cost of $1.20 per pound 370 pounds of Material H at a cost of $2.50 per pound 420 direct labor hours at $22 per hour In 2021, the partial financial productivity of Material A is: Multiple Choice 0.27. 0.23. 2.50. 2.78. 3.00.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Q47
Mixing Company manufactured 1,600 units of its only product during 2022. The inputs for this production are as follows:
460 pounds of Material A at a cost of $1.60 per pound
310 pounds of Material H at a cost of $2.85 per pound
340 direct labor hours at $24 per hour
The firm manufactured 1,620 units of the same product in 2021 with the following inputs:
540 pounds of Material A at a cost of $1.20 per pound
370 pounds of Material H at a cost of $2.50 per pound
420 direct labor hours at $22 per hour
In 2021, the partial financial productivity of Material A is:
Multiple Choice
-
0.27.
-
0.23.
-
2.50.
-
2.78.
-
3.00.
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