Question: Calculate the labour and material partial productivity, energy partial productivity, total-factor productivity and total productivity measures for the following information pertaining to a company

Calculate the labour and material partial productivity, energy partial productivity, total-factor productivity and total productivity measures for the following information pertaining to a company performance for particular time period. Particulars A. Output 1. Finished goods produced 2. Work-in-process % of completion Price per unit (Rs.) Cost Details 2,200 1,600 50 1,200 B. Input 1. Skilled labour (hrs) 12,000 Average wage rate (Rs.) 70 2. Unskilled labour (hrs) 8,000 40 Wage rate (Rs.) 3. Materials 18 Raw materials (tones) 1,600 Price per tonne (Rs.) 4. Total plant worked (hrs) 2,400 Plant hour rate (Rs.) 650 5. Energy Oil used (lts) 3,000 Price/lt (Rs.) 6 Coal (tonnes) 150 Price/tonne (Rs.) 1,800 Electricity (kWH) 18,000 Rate (Rs.) 3.2
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To calculate the various productivity measures we need to determine total output and inputs Step 1 Calculate Total Output Output of finished goods Fin... View full answer
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