Question: Problem 4 - 3 ( Algo ) Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an

Problem 4-3(Algo)
Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 140 units per hour. In the month of July, the company operated the production line for a total of 255 hours and produced 28,900 units of output.
What was its capacity utilization rate for the month?
Note: Round your answer to 1 decimal place.
Capacity utilization rate
%
Problem 4-3(Algo) Hoosier Manufacturing operates a production shop that is designed

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