Question
At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $55 per hour including benefits. The accounting
At Symtecks, the output of a process is valued at $110 per unit. The cost of labor is $55 per hour including benefits. The accounting department provided the following information about the process for the past four weeks:
Week 1 Week 2 Week 3 Week 4 Units Produced 1,108 1,310 1,088 981 Labor ($) 12,278 14,792 10,563 9,526 Material ($) 21,968 24,523 20,392 18,414 Overheads ($) 8,801 10,480 8,736 7,798
b. The labor productivity for week 1 is ___ units per hour. (Enter your response rounded to two decimal places.)
The labor productivity for week 2 is ___ units per hour. (Enter your response rounded to two decimal places.)
The labor productivity for week 3 is ___ units per hour. (Enter your response rounded to two decimal places.)
The labor productivity for week 4 is ___ units per hour. (Enter your response rounded to two decimal places.)
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