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Melbourne, Inc. has provided the following information for last year: Pounds of input 42,000 @ $18/pound Labor hours 11,000 @ $24/hour Overhead costs $ 187,000
Melbourne, Inc. has provided the following information for last year:
Pounds of input | 42,000 | @ | $18/pound | ||
Labor hours | 11,000 | @ | $24/hour | ||
Overhead costs | $ | 187,000 | |||
Units of output produced | 33,000 | @ | selling price of $85/unit | ||
Required: Calculate the partial productivity for: a. Metal. b. Labor.
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