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Question: NIA Motor is an e-scooter manufacturer that employs ten people at $15 per hour. Assume you were t...
NIA Motor is an e-scooter manufacturer that employs ten people at $15 per hour. Assume you were tasked to track productivity performance measures using the data shown in the following table:
Financial Information 2018 Results Net sales $400,000 Current assets $108,000 Net income after taxes $88,200 Current liabilities $44,000 Cost of goods sold (purchased items) $50,000 Avg. inventory value $16,000 Inputs and Outputs Scooters produced 4,000 Labor hours 9,600 Lease payments $40,000
a. Calculate the labor productivity, lease productivity, and material productivity. b. Calculate the multiple-factor productivity. If the multiple factor productivity for 2017 was 0.008 scooter/dollar, then what was the productivity growth from 2017 to 2018?
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