Question: Consider the information given below. Output Inputs 310,000 units 6,000 labor hours @ $18.00 per hour Sales price = $1,333.00/unit Material cost = $39,500,000 Utilities
Consider the information given below. Output Inputs 310,000 units 6,000 labor hours @ $18.00 per hour Sales price = $1,333.00/unit Material cost = $39,500,000 Utilities cost = $4,700 Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places. Labor productivity: 3904.15 $/labor$ Material productivity: 9.58 $/material$ Utilities productivity: 96395.24 $/utility$ Total productivity: 9.56 $/input$
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
