Software Solution (SOS) helps subscribers solve software problems. All transactions are made over the telephone. For the year 2021, 10 engineers, most of whom are recent graduates, handled 110,000 calls. The average yearly salary for software engineers was $49,000. Starting in 2022, the firm retained and hired only software engineers with at least 2 years of experience. SOS raised the engineers' salary to $64,000 per year. In 2022, eight engineers handled 118,000 calls. Required: 1. Calculate the partial operational productivity ratio for both years. 2. Calculate the partial financial productivity ratio for both years. (Round your answers to 4 decimal places.) 1. Operational partial productivity 2. Financial partial productivity 2021 2022

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Software Solution (SOS) helps subscribers solve software problems. All transactions are made over the telephone. For the year 2021,
10 engineers, most of whom are recent graduates, handled 110,000 calls. The average yearly salary for software engineers was
$49,000. Starting in 2022, the firm retained and hired only software engineers with at least 2 years of experience. SOS raised the
engineers' salary to $64,000 per year. In 2022, eight engineers handled 118,000 calls.
Required:
1. Calculate the partial operational productivity ratio for both years.
2. Calculate the partial financial productivity ratio for both years. (Round your answers to 4 decimal places.)
1. Operational partial productivity
2. Financial partial productivity
2021
2022
Transcribed Image Text:Software Solution (SOS) helps subscribers solve software problems. All transactions are made over the telephone. For the year 2021, 10 engineers, most of whom are recent graduates, handled 110,000 calls. The average yearly salary for software engineers was $49,000. Starting in 2022, the firm retained and hired only software engineers with at least 2 years of experience. SOS raised the engineers' salary to $64,000 per year. In 2022, eight engineers handled 118,000 calls. Required: 1. Calculate the partial operational productivity ratio for both years. 2. Calculate the partial financial productivity ratio for both years. (Round your answers to 4 decimal places.) 1. Operational partial productivity 2. Financial partial productivity 2021 2022
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