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r, and overhead. Data for the previous three reporting periods follow: produced Period 3 $ 62,000 41,150 54,050 148,930 Period 2 $ 76,500 50,820 59,600 190,504 Period 1 $ 71,750 47,200 57,850 175,604 actor productivity for the previous three reporting periods. swers to 2 decimal places.

r, and overhead. Data for the previous three reporting periods follow: produced Period 3 $ 62,000 41,150 54,050 148,930 Period 2 $ 76,500 50,820 59,600 190,504 Period 1 $ 71,750 47,200 57,850 175,604 actor productivity for the previous three reporting periods. swers to 2 decimal places.

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 11E: Ripley, Inc., costs products using a normal costing system. The following data are available for...
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Exercise 18-45 (Algo) Total Factor Productivity (LO 18-6) Ternes Manufacturing produces metal products primarily used in the construction industry. The three main inputs in production are materials (metal), labor, and overhead. Data for the previous three reporting periods follow: Materials cost Labor cost Overhead Value of product produced Period Period 3 Period 2 Period 1 Period 3 $ 62,000 41,150 54,050 148,930 Required: a. Compute the total factor productivity for the previous three reporting periods. Note: Round your answers to 2 decimal places. Total Factor Productivity Period 2 $ 76,500 50,820 59,600 190,504 Period 1 $ 71,750 47,200 57,850 175,604
Transcribed Image Text:Exercise 18-45 (Algo) Total Factor Productivity (LO 18-6) Ternes Manufacturing produces metal products primarily used in the construction industry. The three main inputs in production are materials (metal), labor, and overhead. Data for the previous three reporting periods follow: Materials cost Labor cost Overhead Value of product produced Period Period 3 Period 2 Period 1 Period 3 $ 62,000 41,150 54,050 148,930 Required: a. Compute the total factor productivity for the previous three reporting periods. Note: Round your answers to 2 decimal places. Total Factor Productivity Period 2 $ 76,500 50,820 59,600 190,504 Period 1 $ 71,750 47,200 57,850 175,604
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