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Information about Beagle Corporation is as follows: 2018 2019 Output (units) 59,000 63,000 Selling price per unit $32.00 $36.00 Input quantities: Materials (pounds) 3,100 3,500
Information about Beagle Corporation is as follows:
2018 | 2019 | |
Output (units) | 59,000 | 63,000 |
Selling price per unit | $32.00 | $36.00 |
Input quantities: | ||
Materials (pounds) | 3,100 | 3,500 |
Labor (hours) | 1,800 | 1,925 |
Input prices: | ||
Materials (per pound) | $8.00 | $ 9.50 |
Labor (per hour) | 9.00 | 10.00 |
What is the materials productivity ratio for 2018? (Round the answer to two decimal places.)
a.32.73
b.19.03
c.18.00
d.16.86
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