Question
As the cost accounting manager at Cambria Chemicals (CC), you are responsible for compiling and reporting various performance measures to the senior managers. The company
As the cost accounting manager at Cambria Chemicals (CC), you are responsible for compiling and reporting various performance measures to the senior managers. The company instituted many efficiency improvement programs recently, and the CFO has asked you to measure and report partial productivity for both labor and materials. Data for the last two years follow:
Year 2 Year 1
Gallons input (thousands) 9,600 8,600
Labor-hours (thousands) 10,000 7,600
Gallons of output (thousands) 11,400 9,400
Required:
a.Compute the partial productivity measures for labor for year 1 and year 2.(Round your answers to 3 decimal places.)
b.Compute the partial productivity measures for material for year 1 and year 2.(Round your answers to 3 decimal places.)
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As the cost accounting manager at Cambria Chemicals (CC), you are responsible for compiling and reporting va senior managers. The company instituted many efficiency improvement programs recently, and the CFO has ask partial productivity for both labor and materials. Data for the last two years follow: Year 2 Gallons input (thousands) Labor-hours (thousands) Gallons of output (thousands) 9,600 10,000 11,400 Required: a. Compute the partial productivity measures for labor for year 1 and year 2. (Round your answers to 3 decimal places.) Year Partial Labor Productivity Year 1 Year 2 b. Compute the partial productivity measures for material for year 1 and year 2. (Round your answers to 3 decimal places.) Year Partial Material Productivity Year 1 Year 2 Year 1 8,600 7,600 9,400 mpiling and reporting various performance measures to the ly, and the CFO has asked you to measure and reportStep by Step Solution
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