Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Small Factory : -Regular time 8 hours per day. -1 hour daily lunch break. -25 working days per month. -50 Workers. -Worker productivity 2.5 units
Small Factory :
-Regular time 8 hours per day.
-1 hour daily lunch break. -25 working days per month. -50 Workers. -Worker productivity 2.5 units per hour. -Sold for $ 150 per unit. -Cost of Labor hour $ 30 per worker (8 hours per day). -Cost of raw material $ 15 per unit. Find the following per year. 1. Labor productivity per worker. 2.Labor productivity per $. 3.Raw material productivity.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started