Price is not related. Please do your calculations without thinking price.

Question 1: The exercise, although simple, has enough features to capture all the aspects that would be relevant even in realistic, more complex settings. Table 1 describes the summary statistics for a company producing two products with inputs of a single raw material, a single grade of labor, and various types of overhead. Technology Specification P2 Labour hours per Product unit 0,2 0,3 Materials units per product unit 1,2 Variable overhead driver units per product unit 0,5 0,8 P1 1 Outputs Product Value Value Standard Standard Price Quantity $10 50000 Actual Price $10,5 Year 1 Actual Quantity 60000 Actual Price $10 Year 2 Actual Quantity 40000 $630000 $400000 Product P1 Product P2 $15 25000 $15 20000 $300000 $15 38000 $570000 75000 80000 Inputs Standard Actual Price Price Value Value Actual Price Year 1 Actual Quantity Consumed 17000 82000 49760 Year 2 Actual Quantity Consumed 17930 78000 44000 Labor Materials Variable Overhead $10 $5 $2 $10 $5,2 $2,1 $170000 $426400 $104496 $10 $5 $2 $179300 $390000 $88000 a) Calculate the Efficiency, Productivity, Effectivity ratios of each Input (Labor Materials, Variable Overhead) for P1, P2 for the 1st year and the 2nd year separately Hint: Year 1 P1 Labour) Year 2 P1 Labour) Base Year 1 P1 Labour) b) How can an interpretation be made about the development of these rates when compared by years (on the basis of each input separately) Yllara gre karlatrldnda bu oranlarn geliimi hakknda nasl bir yorum yaplabilir (her girdi baznda ayr ayr) Question 1: The exercise, although simple, has enough features to capture all the aspects that would be relevant even in realistic, more complex settings. Table 1 describes the summary statistics for a company producing two products with inputs of a single raw material, a single grade of labor, and various types of overhead. Technology Specification P2 Labour hours per Product unit 0,2 0,3 Materials units per product unit 1,2 Variable overhead driver units per product unit 0,5 0,8 P1 1 Outputs Product Value Value Standard Standard Price Quantity $10 50000 Actual Price $10,5 Year 1 Actual Quantity 60000 Actual Price $10 Year 2 Actual Quantity 40000 $630000 $400000 Product P1 Product P2 $15 25000 $15 20000 $300000 $15 38000 $570000 75000 80000 Inputs Standard Actual Price Price Value Value Actual Price Year 1 Actual Quantity Consumed 17000 82000 49760 Year 2 Actual Quantity Consumed 17930 78000 44000 Labor Materials Variable Overhead $10 $5 $2 $10 $5,2 $2,1 $170000 $426400 $104496 $10 $5 $2 $179300 $390000 $88000 a) Calculate the Efficiency, Productivity, Effectivity ratios of each Input (Labor Materials, Variable Overhead) for P1, P2 for the 1st year and the 2nd year separately Hint: Year 1 P1 Labour) Year 2 P1 Labour) Base Year 1 P1 Labour) b) How can an interpretation be made about the development of these rates when compared by years (on the basis of each input separately) Yllara gre karlatrldnda bu oranlarn geliimi hakknda nasl bir yorum yaplabilir (her girdi baznda ayr ayr)