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Mixing Company manufactured 2,640 units of its only product during 2022 The inputs for this production are as follows: 550 pounds of Material A
Mixing Company manufactured 2,640 units of its only product during 2022 The inputs for this production are as follows: 550 pounds of Material A at a cost of $1.50 per pound 500 pounds of Material H at a cost of $2.75 per pound 700 direct labor hours at $60 per hour The firm manufactured 3,300 units of the same product in 2021 with the following inputs: 700 pounds of Material A at a cost of $2.20 per pound 560 pounds of Material H at a cost of $3.50 per pound 600 direct labor hours at $58 per hour In 2022, the partial financial productivity of Material H is:
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