The controller's staff at McNichols Lubricants is responsible for preparing quarterly performance reports. One report evaluates...
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The controller's staff at McNichols Lubricants is responsible for preparing quarterly performance reports. One report evaluates quarter- to-quarter improvement in partial productivity of the two main inputs in the production process: base chemical and labor. Management at McNichols is particularly interested in the results because there have been numerous efficiency improvement programs instituted at the company recently. Data for the last two quarters follow: Barrels input Labor-hours Barrels of output Required: a. Compute the partial productivity measures for labor for quarter 1 and quarter 2. b. Compute the partial productivity measures for material for quarter 1 and quarter 2. c-1. Have the efficiency improvement programs resulted in greater labor productivity? c-2. Have the efficiency improvement programs resulted in greater material productivity? Quarter 2 19,500 3,900 14,196 Complete this question by entering your answers in the tabs below. Quarter Req A Req C1 Compute the partial productivity measures for material for quarter 1 and quarter 2. Note: Round your answers to 3 decimal places. Quarter 1 Quarter 2 Quarter 11 13,000 3,250 11,570 Req B Partial Material Productivity Reg C2 < Req A Req C1 > The controller's staff at McNichols Lubricants is responsible for preparing quarterly performance reports. One report evaluates quarter- to-quarter improvement in partial productivity of the two main inputs in the production process: base chemical and labor. Management at McNichols is particularly interested in the results because there have been numerous efficiency improvement programs instituted at the company recently. Data for the last two quarters follow: Barrels input Labor-hours Barrels of output Required: a. Compute the partial productivity measures for labor for quarter 1 and quarter 2. b. Compute the partial productivity measures for material for quarter 1 and quarter 2. c-1. Have the efficiency improvement programs resulted in greater labor productivity? c-2. Have the efficiency improvement programs resulted in greater material productivity? Quarter 2 19,500 3,900 14,196 Complete this question by entering your answers in the tabs below. Quarter Req A Req C1 Compute the partial productivity measures for material for quarter 1 and quarter 2. Note: Round your answers to 3 decimal places. Quarter 1 Quarter 2 Quarter 11 13,000 3,250 11,570 Req B Partial Material Productivity Reg C2 < Req A Req C1 >
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Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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