The output of a process is valued at $100 per unit. The cost of labor is $50
Question:
The output of a process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting departments provided the following information about the process for the past four weeks:
.png)
a. Use the multifactor productivity ratio to see whether recent process improvements had any effect and, if so, when the effect was noticeable.
b. Has labor productivity changed? Use the labor productivity ratio to supports your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
The output of a process is valued at 100 per unit The cost of labor is 50 per hour including benefit...View the full answer
Answered By
Prasad Reddy Ganji
I am currently helping many students by tutoring in a third party tutoring site. I am very passionate to teach. I worked as a QA expert in some other online tutoring platform also. I have been teaching to high school students since 4 years. During my Engineering I worked as a tutor for a third party tutoring service.This tutoring experience helped me gain ore and more knowledge. Tutoring gives you knowledge and happiness. You gotta learn from students also. We will experience different minds and ideas by interacting with students. I thought subjects like Engineering Mathematics, Computer Science, basic math, science subjects. My main subject is algorithms. Algorithms are very important concept which is necessary for any project at the basic level. During my engineering I stood in #10 in coding every year. I also had very good experience in coding in platform like hackerank, hackerearth. These experiences of me will help to produce best solutions to the problems.
Thanking you.
0 Reviews
10+ Question Solved
Related Book For 
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
Question Posted:
