Question
The weekly output of a production process is shown below, together with the data for labor and material input. The standard inventory value of the
The weekly output of a production process is shown below, together with the data for labor and material input. The standard inventory value of the output is $125 per unit. Overhead is charged weekly at the rate of $1500 PLUS 0.5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per running foot.
Week Output # of Workers Material (ft.)
1 412 6 2840
2 364 5 2550
3 392 5 2720
4 408 6 2790
a. Using Excel determine the total productivity for each of the week.
b. Using Excel Compute the productivity growth from week to week.
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