Cost Accounting
Cost Accounting
15th Edition
ISBN: 9780133428834
Author: Horngren
Publisher: PEARSON
Question
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Chapter 12, Problem 12.41P

1.

To determine

Determine the total factor productivity in 2014 of the company.

2.

To determine

Compare the TFP for 2014 with a benchmark TFP for 2013 inputs based on 2014 prices and outputs.

3.

To determine

Determine the additional information that TFP provides and that partial productivity measures do not.

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