A company produces 1,222 units of output per hour using 28 workers and 528 pounds of raw materials. Each worker is paid $15 per hour. Materials cost $4 per pound. Overhead is charged at 1.8 times the labor expense. Finished units sell for $112 each. What is the productivity of materials? ($/$)
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- A dressmaker manufactures fashionable clothing. In a specific week, employees worked 360 hours to produce a batch of 132 garments, 52 of which were “second” (defective), which will be sold for $ 90 each in the store for factory sales. The remaining 80 garments will be sold to retail distributors at a price of $ 200 each. What is the labor productivity ratio?Apex Brothers builds birdhouses for its customers. The average birdhouse is priced at $30. Labor costs for a birdhouse average $10 per birdhouse, material costs average $3 per birdhouse, and overhead costs average $5 per birdhousea.What is the labor productivity?b.What is the materials productivity?c.What is the total productivity?32 - A hamburger factory produces 60,000 hamburgers each week. The equipment used costs $10,000 and will remain productive for four years. The labor cost per year is $13,500. What is the productivity measure of “units of output per dollar of input” averaged over the four-year period? 154 hamburgers/dollar 195 hamburgers/dollar 338 hamburgers/dollar 236 hamburgers/dollar
- A shoe factory produces 95,000 shoes each week. The equipment used costs $15,000 and will remain productive for three years. The labor cost per year is $16,000. What is the productivity measure of “units of output per dollar of input” averaged over the three-year period? Hint: Productivity = total units produced divided by the total labor cost plus total equipment costThe following data is for production of chocolate bars over a four-week period. Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound. Week Output (units) Worker Material (lbs.) 1 2 3 4 30,000 33,600 32,200 35,400 6 7 7 8 450 470 460 480 Compute the multifactor productivity measure for each of the four weeks. What do the figures suggest? Compute the productivity growth from week 1 to week 4.Bathrobes Inc. employees work 10 hours a day, with a 30 min break, 5 days a week. This company is manufacturing terrycloth bathrobes. The standard minute value to finish a robe = 40 minutes. The company’s 17 employees produce 210 robes a day. What is their bathrobes production efficiency? Round your answer to the nearest whole number, but do not round until your final answer. Group of answer choices 89% 86% 88% 87%
- Please do not give solution in image format thanku Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,500 cages Sales price: $3.50 per unit INPUT Production time 632 labor hours Wages $ 7.50 per hour Raw materials (total cost) $30,000 Component parts (total cost) $15,350 Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places.A caterer prepares 2,000 meals for a client’ company event consuming the following resources: Labor → 6 hours @ $20 per hour Materials → $8 per meal Beverages → $4 per meal What is labor productivity? What is the multifactor productivity? To produce 2,000 pieces of luggage, a leather goods firm spends $1,000 on labor and $500 on materials. What is productivity? If the firms can increase production to 2,200 pieces of luggage with the same labor and material cost, what is the productivity? What is the percentage change? If the labor cost is reduced to $800 and materials increased to $600, what is the productivity to produce 2,200 pieces of luggage? An accounting firm can produce 8 monthly reports in three 8-hour shifts. What is the productivity of this firm? If this firm hires two additional workers, what would be the productivity of this firm? What is the percentage of productivity gain?A cook makes 300 hamburgers which is sold $5 each. According the accounting department reports that in a restaurant the actual costs are $100 labor, $ 50 raw materials (souce, bread etc.) and $ 250 for ahead. Calculate multifactor productivity? (please detailed solutions)
- Cost Control, Quality, and Productivity Each summer, the Harbour Report (www.oliverwyman.com/index.html) rates the productivity of the major automakers, including the “Detroit BigThree,” Toyota, Honda, and many other brands. The report is closely watched as a barometer of thefuture profitability of the firms. However, some have argued that the productivity reports are insufficient. For example, a company can temporarily raise its productivity by laying off or “buying out”employees. Also, some would argue that the focus on productivity fails to draw attention to otherkey strategic factors such as quality, design, and customer service. For example, the J.D. Powerorganization (www.jdpower.com/autos) rates the initial quality of many new cars.Required What do you think are the priorities for the auto companies: quality, productivity, customerservice, design, or some other key strategic success factor? Briefly explain your answer.Consider the information given below. Output Inputs 330,000 units 6,400 labor hours @ $15.00 per hour Sales price = $1,244.00/unit Material cost = $38,875,000 Utilities cost = $4,200 Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places. Labor productivity:--------------- $/labor$ Material productivity: ------------ $/material$ Utilities productivity: ---------- $/utility$ Total productivity: ---------- $/input$A furniture manufacturing company working on a 40 hour per week basis makes 100 chairs. The sales price is €70 each, and the company has the following costs:• Direct materials €700• Direct labor €300• Overhead €500a) Calculate the productivity of the company.b) What will be the new productivity if the company decides tomake 135 chairs per week?c) If the company decides to improve productivity throughmaterials costs reduction only, how much these costs mustbe reduced in order to achieve a 10 percent increase in totalproductivity?d) If the company repeats the same exercise as in (c) above, butthrough labour costs reduction, how much these costs mustbe reduced in order to achieve a 10 percent increase in totalproductivity?