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Find total productivity, use of raw materials, and labor and other business factors with information provided. 1. Production data for a company's Model 14 Storage

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1. Production data for a company's Model 14 Storage Container that it produces are shown below. Find the total productivity in units sold and in dollars of sales for this product Show your work. Output Input 460 labor hours Sales price: S4.50 per unit Wages S950 per hour Component parts (total cost $17,000 Raw materials (total cos $40,000 2. Financial data from the production department for the past two years are shown below. Calculate the total productivity measure and the partial measures for labor, capital, raw material and energy for this company for both years. What do these measures tell you about this company? Show your work. 2015 2016 OUTPUT Sales SIS0.000E20,000 INPUTS Labor S2S000 S40.000 Capital S50. S60.000 Raw Material $30 Energy S7000 S7000 Other S6000 510,000 3. An electronics company makes communications devices for military contracts. The company just completed three contracts. The navy contract was for 2,100 devices and took 25 workers two weeks (40 hours per week) to complete. The army contract was for 5,700 devices that were produced by 35 workers in three weeks. The marine contract was for 4,000 devices and took 20 workers three weeks to complete. On which contract were the workers more productive? Show your work

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