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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 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
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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 ...Get Instant Access to Expert-Tailored Solutions
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