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 3 $ 49,000 28,150 41,050 135,930 Period 3 Period 2 Period 1 Period 2 $ 63,500 37,820 46,600 177,504 Period 1 $ 58,750 34, 200 44,850 162, 604 Required: a. Compute the total factor productivity for the previous three reporting periods. Period Total Factor Productivity
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 3 $ 49,000 28,150 41,050 135,930 Period 3 Period 2 Period 1 Period 2 $ 63,500 37,820 46,600 177,504 Period 1 $ 58,750 34, 200 44,850 162, 604 Required: a. Compute the total factor productivity for the previous three reporting periods. Period Total Factor Productivity
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter12: Activity-based Management
Section: Chapter Questions
Problem 1CE: Cicleta Manufacturing has four activities: receiving materials, assembly, expediting products, and...
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![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 3
$ 49,000
28,150
41,050
135,930
Period 3
Period 2
Period 1
Period 2
$ 63,500
37,820
46,600
177,504
Period 1
$ 58,750
34, 200
44,850
162, 604
Required:
a. Compute the total factor productivity for the previous three reporting periods.
Period
Total Factor
Productivity](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff00761e5-6ea2-4b64-9c87-d0591240e351%2Fe215aa5b-7686-4f7c-97df-dbedd6959687%2Ftfh2v6_processed.png&w=3840&q=75)
Transcribed Image Text: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 3
$ 49,000
28,150
41,050
135,930
Period 3
Period 2
Period 1
Period 2
$ 63,500
37,820
46,600
177,504
Period 1
$ 58,750
34, 200
44,850
162, 604
Required:
a. Compute the total factor productivity for the previous three reporting periods.
Period
Total Factor
Productivity
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