Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

October Units Cost Per Unit Input Dollars Productivity Productivity Labor (Hours) 520 $ 13.00 Solvent (Gallons) 100 $ 5.00 Machine Rental (days) 20 $ 50.00

October Units Cost Per Unit Input Dollars Productivity Productivity
Labor (Hours) 520 $ 13.00
Solvent (Gallons) 100 $ 5.00
Machine Rental (days) 20 $ 50.00
Units Produced (Rugs) 65 Total
Multifactor Productivity
Units output / Units of Resource Units output / input dollars


November Units Cost Per Unit Input Dollars Productivity Productivity
Labor (Hours) 720 $ 13.00
Solvent (Gallons) 110 $ 5.00
Machine Rental (days) 25 $ 50.00
Units Produced (Rugs) 100 Total
Multifactor Productivity
Units output / Units of Resource Units output / input dollars


December Units Cost Per Unit Input Dollars Productivity Productivity
Labor (Hours) 960 $ 14.00
Solvent (Gallons) 125 $ 5.50
Machine Rental (days) 35 $ 50.00
Units Produced (Rugs) 250 Total
Multifactor ProductivityUnits output / Units of Resource Units output / input dollars

Answer Questions:
Q: How many rugs did we clean in October?

Q1: For October, what was the total amount spent on resources?

Q2: How many rugs did the company clean per gallon of solvent in October?

Q3: How many rugs did the company clean per hour of labor in November?

Q4: Did the company increase its labor productivity from November to December? How much?

Q5: What was the multifactor productivity in October?

Q6: What was the multifactor productivity in November?

Q7: What was the multifactor productivity in December?

Q8: What was the percent increase in multifactor Productivity from October to November?

Q9: What was the percent increase in multifactor Productivity from November to December?

Q10: Overall, is the company becoming more efficient? How would you justify that answer?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Q A The company cleaned 65 rugs in October Q1 A The total cost of resources in October was 3050 Q2 A ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ronald W Hilton

7th Edition

0073022853, 978-0073022857

More Books

Students also viewed these General Management questions