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Davis Company produced 159,000 sport jackets during 2015 and 530,000 direct manufacturing labor-hours were used at $ 4.00 per hour. The conversion costs were $
Davis Company produced 159,000 sport jackets during 2015 and 530,000 direct manufacturing labor-hours were used at $ 4.00 per hour.
The conversion costs were $ 1.30 per jackets produced.
What is the total factor productivity for Davis? Company?
A. 3.077 units of output per dollar
B. 0.3 units of output per dollar
C. 0.228 units of output per dollar
D. 0.068 units of output per dollar
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