Green Elements, Ltd. uses three chemical inputs, one labor grade, and major scientific equipment. Management tracks productivity

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Green Elements, Ltd. uses three chemical inputs, one labor grade, and major scientific equipment. Management tracks productivity be input and in total. The following information is available.

Unit Cost Week 1 Week 2 Week 3 $ 3.50 10000 $ 7.75 Chemical 1 Litres 10500 12000 Chemical 2 Grams 450 400 500 Chemical 3 Millilitres $25.00 15 15 20 Labour Hours $32.00 16 18 16 Equipment Machine hours $18.00 8 10 Output Litres 9500 9800 11500


Required:

A. Calculate the partial productivity measures.

B. Calculate the total factor productivity measure.

C. Analyze the changes in productivity.

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Related Book For  book-img-for-question

Cost Management Measuring, Monitoring And Motivating Performance

ISBN: 1601

3rd Canadian Edition

Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook

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