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A product is processed by two departments during its manufacturing in the following order: machining and assembly. In 2 0 2 0 , the company
A product is processed by two departments during its manufacturing in the following order: machining and assembly. In the company was able to practice an average selling price of $ unit In due to competition, it was forced to practice an average sale price of $ unit The following data refer to the product:
tableYearDepartment,Production,Raw material $unittableLaborhoursunittableLabor cost$hourMachining,AssemblyMachining,Assembly
a Calculate the total productivity measure and the partial measures for raw materials and labor for this company for both years.
b What do these measures tell you about the company?
Tip: keep in mind that output is a finished product. Solve using Excel please.
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