Question:
a) Using two decimal places, Calculate the total productivity of
each period and note that output decreased by 2 percent in the
second period. what is the relative productivity change? [15
Marks]
Homework Answers
total cost incurred in period 1 = 20x10+12x15+6x30 = 560
If N units are produced, the net productivity in period 1 = N/560 =0.0017851N
Total cost incurred in period 2 = 16x10+16x15+11x30 = 730
If output decreases by 2%, the hew productivity is 0.98N/730 = 0.13424N
fraction change = 0.0013424N /0.0017851N = 0.7517
5 change = 1-0.7517 =-0.2482
Hence the productivity decreases by 24.82%
Add Answer to:
Question:
a) Using two decimal places, Calculate the total productivity of
each period and note that...
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a) to calculate the total costs for each product if all overhead costs are absorbed on...
a) to calculate the total costs for each product if all overhead
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1. 2. A company that makes shopping carts for supermarkets and other stores recently purchased some...
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A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 6 workers, who together produced an average of 90 carts per hour. Workers receive $16 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another...
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Please answer the following question correctly please: Problem 2-3 Compute the multifactor productivity measure for each...
Please answer the following question correctly please:
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Save Answer Question 17 3 points Compute the total productivity measure, in units/dollar, for an eight-hour day in which the usable output was 2,770 units, produced by three workers who used 503 pounds of materials. Workers have an hourly wage of $19; and material cost is $2 per pound, Overhead is 1.5 times labor cost. (Write your answer using TWO decimal places).
Question 17 3 points Save Answer Compute the total productivity measure, in units/dollar, for an eight-hour...
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Q2 The following data relate to a manufacturing department for a period: Budgeted data for the...
Q2
The following data relate to a manufacturing department for a
period:
Budgeted data for the coming year are as follows:
Direct labour hours 60,000 hours
Machine hours 55,000 hours
Direct labour cost $110,000
Direct material cost $125,000
Production overhead $70,400
Actual data for the period are as follows:
Direct labour hours 55,500 hours
Machine hours 40,000
Direct labour cost $125,000
Direct material cost $150,000
Production overhead $67,800
Required:
(1) Calculate the production overhead absorption rate
predetermined for the period...
Problem 2-3 Compute the multifactor productivity measure for each of the weeks shown for production of...
Problem 2-3 Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor oost Material cost is $9 per pound. (Round your answers to 2 decimal places.) 26,000 31,000 34,000 44,000 540 640 MFP (Output / Total Cost
please answer both questions
% (round to 2 decimal places) QUESTION 2 Compute the multifactor productivity measure for an 8 hour day in which the usable output was 653 units, produced by 7 workers who used 534 pounds of materials. Workers have an hourly wage of 19 and material cost is 1.2 per pound. Overhead is 1.5 times labor cost 3 paints The multifactor productivity (units/S) (round to 4 decimal places) QUESTION 3 3points ve A A health club has...
a) to calculate the total costs for each product if all overhead
costs are absorbed on a machine hour basics
b) to calculate the total costs for each product, using
activity-based costing; to calculate and list the unit product
costs from your figures in (a) and (b) above, to show the
differeneces and to comment briefly on any conclusions which may be
drawn which could have pricing and profit implications.
PART ONE To be solved on sheet #1 EXERCISE 1...
1.
2.
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 6 workers, who together produced an average of 90 carts per hour. Workers receive $16 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another...
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week Output (units) 26,000 31,000 29,000 33,000 Workers Material (1bs) 400 450 490 510 WeekMFP (output/ Total Cost)
Please answer the following question correctly please:
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Save Answer Question 17 3 points Compute the total productivity measure, in units/dollar, for an eight-hour day in which the usable output was 2,770 units, produced by three workers who used 503 pounds of materials. Workers have an hourly wage of $19; and material cost is $2 per pound, Overhead is 1.5 times labor cost. (Write your answer using TWO decimal places).
Question 17 3 points Save Answer Compute the total productivity measure, in units/dollar, for an eight-hour day in which the usable output was 3,463 units, produced by three workers who used 596 pounds of materials. Workers have an hourly wage of $22, and material cost is $2 per pound. Overhead is 1.5 times labor cost. (Write your answer using TWO decimal places).
Q2
The following data relate to a manufacturing department for a
period:
Budgeted data for the coming year are as follows:
Direct labour hours 60,000 hours
Machine hours 55,000 hours
Direct labour cost $110,000
Direct material cost $125,000
Production overhead $70,400
Actual data for the period are as follows:
Direct labour hours 55,500 hours
Machine hours 40,000
Direct labour cost $125,000
Direct material cost $150,000
Production overhead $67,800
Required:
(1) Calculate the production overhead absorption rate
predetermined for the period...
Problem 2-3 Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor oost Material cost is $9 per pound. (Round your answers to 2 decimal places.) 26,000 31,000 34,000 44,000 540 640 MFP (Output / Total Cost
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