What is the labor productivity for each car? Provide two sets of figures: units per labor hour, and dollar of output per dollar of labor expense. (Round your answers to 2 decimal places.) Labor Productivity Units/hour Dollars Deluxe car Limited car

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours
are given below.
QUANTITY
$/UNIT
$ 9,050/car
$10,550/car
Deluxe car
3,625 units sold
6,525 units sold
22,750 hours
29,865 hours
Limited car
Labor, Deluxe
Labor, Limited
$
12/hour
$
15/hour
What is the labor productivity for each car? Provide two sets of figures: units per labor hour, and dollar of output per dollar of labor
expense. (Round your answers to 2 decimal places.)
Labor Productivity
Units/hour
Dollars
Deluxe car
Limited car
Transcribed Image Text:Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours are given below. QUANTITY $/UNIT $ 9,050/car $10,550/car Deluxe car 3,625 units sold 6,525 units sold 22,750 hours 29,865 hours Limited car Labor, Deluxe Labor, Limited $ 12/hour $ 15/hour What is the labor productivity for each car? Provide two sets of figures: units per labor hour, and dollar of output per dollar of labor expense. (Round your answers to 2 decimal places.) Labor Productivity Units/hour Dollars Deluxe car Limited car
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