Live trap corporation received the data below for its rodent cage production unit. Output input 50,025 cages production time 652 labor hours sales price: $3.60 per unit wages $ 7.60 per hour raw materials (total cost) $ 31,550 component parts (total cost) $ 15,900 find the total productivity in units sold and dollars of sales per dollar input.

Question

Collin Noble

Business

20 August, 01:39

Live trap corporation received the data below for its rodent cage production unit. Output input 50,025 cages production time 652 labor hours sales price: $3.60 per unit wages $ 7.60 per hour raw materials (total cost) $ 31,550 component parts (total cost) $ 15,900 find the total productivity in units sold and dollars of sales per dollar input.

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June · Answer 1

Total productivity could be expressed two ways here based on how you express output: in units sold, or dollars of sales.

Units sold:

50,025 / ((652 * $7.60) + $31,550 + $15,900) = 0.95 units sold per dollar input

Dollars of sales:

(50,025 * 3.60) / ((652 * $7.60) + $31,550 + $15,900) = 3.44 dollars in sales per dollar input