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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

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