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What was last month's single-factor productivity for Etched Impressions in terms of labor dollars? In other words, for every dollar spent on labor, how many dollars of sales would they obtain? (Display your answer to two decimal places.) From last month to this month, by what percentage did Etched Impressions' productivity increase or decrease in terms of Energy (BTUs and units produced, not dollars)? Write your answer as a percentage. Display your answer to two decimal places. Put a minus sign ("-") in front of your answer if the answer is a negative number. What was this month's multi-factor productivity for Etched Impressions in terms of dollars? (In other words, how many dollars of revenue did each dollar of inputs produce? (Display your answer to two decimal places.) By what percentage did Etched Impression's multi-factor productivity improve, in terms of dollars, from last month to this month? (Write your answer as a percentage. Display your answer to two decimal places.)

What was last month's single-factor productivity for Etched Impressions in terms of labor dollars? In other words, for every dollar spent on labor, how many dollars of sales would they obtain? (Display your answer to two decimal places.) From last month to this month, by what percentage did Etched Impressions' productivity increase or decrease in terms of Energy (BTUs and units produced, not dollars)? Write your answer as a percentage. Display your answer to two decimal places. Put a minus sign ("-") in front of your answer if the answer is a negative number. What was this month's multi-factor productivity for Etched Impressions in terms of dollars? (In other words, how many dollars of revenue did each dollar of inputs produce? (Display your answer to two decimal places.) By what percentage did Etched Impression's multi-factor productivity improve, in terms of dollars, from last month to this month? (Write your answer as a percentage. Display your answer to two decimal places.)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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PC.63 Etched Impressions produces custom laser-etched artwork on a variety of flat wood surfaces. They recently purchased some new equipment which should help them be more productive. Data from the last two months' production can be found in the following table: Outputs/Inputs Price/Cost per Unit($) Last Month This Month Units Produced Labor (hours) Wood (feet) Energy (BTUS) $ 24.00 $ 11.25 $ 2.11 $ 0.54 910.00 1020 530 950 400 890 2400 2620 What was last month's single-factor productivity for Etched Impressions in terms of labor dollars? In other words, for every dollar spent on labor, how many dollars of sales would they obtain? (Display your answer to two decimal places.) From last month to this month, by what percentage did Etched Impressions' productivity increase or decrease in terms of Energy (BTUs and units produced, not dollars)? Write your answer as a percentage. Display your answer to two decimal places. Put a minus sign ("-") in front of your answer if the answer is a negative number. What was this month's multi-factor productivity for Etched Impressions in terms of dollars? (In other words, how many dollars of revenue did each dollar of inputs produce? (Display your answer to two decimal places.) By what percentage did Etched Impression's multi-factor productivity improve, in terms of dollars, from last month to this month? (Write your answer as a percentage. Display your answer to two decimal places.)
Transcribed Image Text:PC.63 Etched Impressions produces custom laser-etched artwork on a variety of flat wood surfaces. They recently purchased some new equipment which should help them be more productive. Data from the last two months' production can be found in the following table: Outputs/Inputs Price/Cost per Unit($) Last Month This Month Units Produced Labor (hours) Wood (feet) Energy (BTUS) $ 24.00 $ 11.25 $ 2.11 $ 0.54 910.00 1020 530 950 400 890 2400 2620 What was last month's single-factor productivity for Etched Impressions in terms of labor dollars? In other words, for every dollar spent on labor, how many dollars of sales would they obtain? (Display your answer to two decimal places.) From last month to this month, by what percentage did Etched Impressions' productivity increase or decrease in terms of Energy (BTUs and units produced, not dollars)? Write your answer as a percentage. Display your answer to two decimal places. Put a minus sign ("-") in front of your answer if the answer is a negative number. What was this month's multi-factor productivity for Etched Impressions in terms of dollars? (In other words, how many dollars of revenue did each dollar of inputs produce? (Display your answer to two decimal places.) By what percentage did Etched Impression's multi-factor productivity improve, in terms of dollars, from last month to this month? (Write your answer as a percentage. Display your answer to two decimal places.)
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