Required information [The following information applies to the questions displayed below.] Ashley Technology Incorporated manufactures a scrambling device for cellular telephones. The device's main component is a delicate part, CT140. CT140 is easily damaged and requires careful handling. Once damaged, it must be discarded. The firm hires only skilled laborers to manufacture and install CT140; however, some are still damaged. Robotic instruments process all other parts. Ashley's operating data for 2 years are as follows: Units manufactured Number of CT140 used Number of direct labor hours spent Cost of CT140 per unit Direct labor wage rate per hour Total productivity 2022 2022 900,000 1,000,000 180,000 $ 160 $59 Required: 1. Compute the total productivity ratios for 2021 and 2022. Assume that fixed manufacturing costs are $53 million in both 2021 and 2022. (Round your answers to 4 decimal places.) 2021 2021 1,150,000 1,160,000 230,000 $ 138 $ 65

Required information [The following information applies to the questions displayed below.] Ashley Technology Incorporated manufactures a scrambling device for cellular telephones. The device's main component is a delicate part, CT140. CT140 is easily damaged and requires careful handling. Once damaged, it must be discarded. The firm hires only skilled laborers to manufacture and install CT140; however, some are still damaged. Robotic instruments process all other parts. Ashley's operating data for 2 years are as follows: Units manufactured Number of CT140 used Number of direct labor hours spent Cost of CT140 per unit Direct labor wage rate per hour Total productivity 2022 2022 900,000 1,000,000 180,000 $ 160 $59 Required: 1. Compute the total productivity ratios for 2021 and 2022. Assume that fixed manufacturing costs are $53 million in both 2021 and 2022. (Round your answers to 4 decimal places.) 2021 2021 1,150,000 1,160,000 230,000 $ 138 $ 65

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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