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Information about Papanicolou Corporation is as follows: 2016 2017 Output (units) 45,000 47,000 Selling price per unit $25 $25 Input quantities: Materials (pounds) 2,500 2,500
Information about Papanicolou Corporation is as follows: 2016 2017 Output (units) 45,000 47,000 Selling price per unit $25 $25 Input quantities: Materials (pounds) 2,500 2,500 Labor (hours) 1,500 1,525 Input prices: Materials (per pound) $5.00 $5.50 Labor (per hour) $7.00 $7.50
What is the materials productivity ratio for 2016? a. 16
b. 25
c. 18
d. 28
Information about Papanicolou Corporation is as follows:
What is the materials productivity ratio for 2016?
| 2016 | 2017 | |
| Output (units) | 45,000 | 47,000 |
| Selling price per unit | $25 | $25 |
| Input quantities: | ||
| Materials (pounds) | 2,500 | 2,500 |
| Labor (hours) | 1,500 | 1,525 |
| Input prices: | ||
| Materials (per pound) | $5.00 | $5.50 |
| Labor (per hour) | $7.00 | $7.50 |
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