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Mixing Company manufactured 1,980 units of its only product during 2022. The inputs for this production are as follows: 530 pounds of Material A
Mixing Company manufactured 1,980 units of its only product during 2022. The inputs for this production are as follows: 530 pounds of Material A at a cost of $1.50 per pound 375 pounds of Material H at a cost of $2.75 per pound 620 direct labor hours at $52 per hour The firm manufactured 3,000 units of the same product in 2021 with the following inputs: 660 pounds of Material A at a cost of $2.00 per pound 520 pounds of Material H at a cost of $3.30 per pound 560 direct labor hours at $50 per hour In 2022, the partial financial productivity of Material H is:
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