The financial data for 2017 and 2018 are presented in the table below. Use the data to calculate the total productivity measure and the partial measures for labor, capital, and raw materials for ABCD Company for the two years. Explain what each of measures tell you about this company                                                              2 017                                     2018 Output: Sales                                      $300,000                           $320,000 Input: Labour                                      40,000                                 50,000 Raw Materials                                     45,000                                 55,000 Energy                                               6,000                                      7,000 Capital                                              60,000                                     60,000 Other 3,000 4,000

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter15: Lean Accounting And Productivity Measurement
Section: Chapter Questions
Problem 16E
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The financial data for 2017 and 2018 are presented in the table below. Use
the data to calculate the total productivity measure and the partial measures
for labor, capital, and raw materials for ABCD Company for the two years.
Explain what each of measures tell you about this company
                                                             2 017                                     2018
Output: Sales                                      $300,000                           $320,000
Input: Labour                                      40,000                                 50,000
Raw Materials                                     45,000                                 55,000
Energy                                               6,000                                      7,000
Capital                                              60,000                                     60,000
Other 3,000 4,000

 

 

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