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The labor productivity of a manufacturer of a handbag was calculated to be 0.2 bag per labor hour. The hourly wage is USD 60.

The labor productivity of a manufacturer of a handbag was calculated to be 0.2 bag per labor hour. The hourly wage is USD 60. A handbag is sold for USD 4,000. 1. The output was 18 bags for the 12 workers that worked 8 hours each. Calculate the labor productivity in USD for the day. 2. The factory needs to produce 32 bags in 8 hours. How many workers will be needed?

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