question archive Using the following information, calculate the total productivity: Output = 25,000 units; 400 labor hours @ $15
Using the following information, calculate the total productivity: Output = 25,000 units; 400 labor hours @ $15
Subject:BusinessPrice:2.87 Bought7
Using the following information, calculate the total productivity:
Output = 25,000 units; 400 labor hours @ $15.00 per hour
Material cost = $625,000; Utilities cost = $1,400
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Answer:
Output = 25000 units
Labor cost = labor hours x labor cost per hour = 400 x $15 = $6000
Material cost = $625000
Utilities cost = $1400
Total cost = labor cost + material cost + utilities cost = $6000 + $625000 + $1400 = $632400
Total productivity = output / Total cost
= 25000 units / $632400
= 0.0395 units/$
So the answer is option a
