A Nile cruiser tourist service in Luxor charges $18 per ticket to the west bank plus a
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Question:
A Nile cruiser tourist service in Luxor charges $18 per ticket to the west bank plus a $3 other charges to fund planned equipment upgrades. It expects to sell 4,700 tickets during the eight-week winter season. During that period, the cruiser will experience $110,000 in labor costs. Materials required for each passage sold (tickets, a tourist-information sheet, etc.) cost $1.30. Overhead during the period comes to $79,000. What is the multifactor productivity ratio?
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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