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The Monterrey Company has recorded the following dataCalculate the

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The Monterrey Company has recorded the following data
Calculate the labor productivity ratios for 2014 and
2015.20142015Output (units)42,00048,000Selling price per
unit$12$12Input quanitiesMaterials
(pounds)8,0007,500Labor (hours)5,0006,000Input
pricesMaterials (per pound)$4.00$5.00Labor (per
hour)$8.00$9.00
Solution
Labor Productivity = Total Output / Total Productive
Hours 2014 2015 Total Output $504,000 $576,000
Total Productive Hours 5,000 6,000 Hence Labour
Productivity per hour $100.80 $96.00

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The Monterrey Company has recorded the following data Calculate the labor productivity ratios for 2014 and 2015.20142015Output (units)42,00048,000Selling price per unit$12$12Input quanitiesMaterials (pounds)8,0007,500Labor (hours)5,0006,000Input pricesMaterials (per pound)$4.00$5.00Labor (per hour)$ ...
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