Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Practice on Productivity 1. NY Castle Limited is preparing its weekly productivity report. Below are the figures they collected for this. Calculate: a) Labor

Practice on Productivity 1. NY Castle Limited is preparing its weekly productivity report. Below are the 2. Following are financial figures for XYZ business. Item (in $) April 2020 Total Sales 16 568 Total Material

Practice on Productivity 1. NY Castle Limited is preparing its weekly productivity report. Below are the figures they collected for this. Calculate: a) Labor productivity b) Machine productivity c) Multifactor productivity Their average labor rate is $18.00 per hour. Measurements In units. Unit Produced Hours of Labor Hours of Machinery Total Costs of Materials Total of Energy Costs 1800 1975 425 In $ 81 000 21 600 2. Following are financial figures for XYZ business. Item (in $) April 2020 Total Sales 16 568 Total Material Cost 10 000 Total Labor Cost 9 000 9 800 Total Overhead Expenses 8 000 8 800 Find the total productivity for the case for both months. Find the % change on total productivity and interpret it for the case. Round the percent change result to two decimal figures. Fill out the below table. The table: Item Total Productivity Interpretation: Total productivity for April May 2020 18 999 11 200 Total productivity for May % change for total productivity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

You have provided two questions each relating to productivity calculations involving different scenarios Lets address each one in turn 1 NY Castle Limiteds productivity report a Labor productivity is ... 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

Cost Management Accounting And Control

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

6th Edition

324559674, 978-0324559675

More Books

Students also viewed these General Management questions