The Monterry Company has recorded the follow date: 2014 2015 Output 42,000 48,0000 Selling price per unit

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Question:

The Monterry Company has recorded the follow date:

2014 2015

Output 42,000 48,0000

Selling price per unit 12 12

Input quanitities

Materials (pounds) 8,000 7,500

Labors (hours 5,000 6,000

Input prices

Materials (pounds) 4.00 5.00

Labors (hours 8.00 9.00

Required:

1 Calculate the materials productivity ratios for 2014 and 2015

2 Calculate the labot productivity ratios for 2014 and 2015

3 How much did porfits change as a result of changes in productivity related to materials?

4 How much did porfits change as a result of changes in porductivity related to labor?

Related Book For answer-question

Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

See More Books

Posted Date: Dec 30, 2020 12:56 AM

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The Monterry Company has recorded the follow date: 2014 2015 Output 42,000 48,0000 Selling price per unit

Question:

Expert Answer:

1 The formula for calculation of raw material productivity is Material Productivity Value of output ... View the full answer

Financial and Managerial Accounting

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