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Serga [27]
3 years ago
14

Martin Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's pr

oductivity by comparing this year's performance with last year's. The following data are available:
Last Year

This Year

Output

10,500 units

12,100 units

Labor Hours

12,000

13,200

Utilities

$7,600

$8,250

Capital

$83,000

$88,000

Has Martin Manufacturing improved its productivity during the past year?
Business
1 answer:
balandron [24]3 years ago
4 0

Answer:

Yes.

Explanation:

In the last year,

Output per unit of labor hours:

= Output ÷ Labor Hours

= 10,500 units ÷ 12,000

= 0.875

Output per utility consumed:

=  Output ÷ Utilities

= 10,500 units ÷ $7600

= 1.3815

Output per unit of capital:

= Output ÷ capital

= 10,500 ÷ 83,000

= 0.1265

In this year,

Output per unit of labor hours:

= Output ÷ Labor Hours

= 12,100 units ÷ 13,200

= 0.917

Output per utility consumed:

=  Output ÷ Utilities

= 12,100 units ÷ $8,250

= 1.466

Output per unit of capital:

= Output ÷ capital

= 12,100 units ÷ $88,000

= 0.1375

Percentage change in Output per unit of labor hours:

= (0.917 - 0.875) ÷ 0.875

= 4.8%

Percentage change in Output per utility consumed:

= (1.466 - 1.3815) ÷ 1.3815

= 6.11%

Percentage change in Output per unit of capital:

= (0.1375 - 0.1265) ÷ 0.1265

= 8.69%

Therefore, there is a positive percentage increase in all the computations of productivity which shows that there is an improvement in the productivity this year.

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Production Budget Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600
icang [17]

Answer:

Production budget:

Projected sales= 64,000

Ending inventory= 7,000

Beginning inventory= (2,600)

Total= 68,400 units

Explanation:

Giving the following information:

Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units.

Production budget= projected sales + ending inventory - beginning inventory

Production budget:

Projected sales= 64,000

Ending inventory= 7,000

Beginning inventory= (2,600)

Total= 68,400 units

3 0
3 years ago
Sue now has $490. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
Alina [70]

Answer:

c.$941.10

Explanation:

Calculation for How much would she have after 8 years

Using this formula

FV = PV(1+i)^n

FV represent future value

PV represent present value

i represent interest rate

n represent number of periods

Let plug in the formula

FV = 490(1 + .085)^8

FV= $941.10

Therefore How much would she have after 8 years will be $941.10

3 0
3 years ago
Although it does not explicitly endorse traditional gender roles, which sociological perspective implies that dividing tasks bet
Licemer1 [7]

The functionalist perspective is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

<h3>What is a functionalist perspective?</h3>

This refers to the social view that our society is a relatively stable and orderly system composed of interdependent and interrelated parts

The key points about functionalist perspective are:

  • It view social change as a strain on the system
  • It attempts to explain social stability.

Hence, because the Functionalists believe that society is held together by social consensus where members of the society agree upon and work together to achieve, then, it is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

Read more about functionalist perspective

brainly.com/question/5963935

#SPJ1

3 0
2 years ago
Felice bought a duplex apartment at a cost of $235,000. Her mortgage payments on the property are $1,510 per month, $803 of whic
BartSMP [9]

Answer:

$1,032

Explanation:

Calculation to determine What monthly rent must she charge for each apartment to break even

First step is to calculate the Monthly costs using this formula

Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs

Let plug in the formula

Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]

Monthly costs= $1,510 + 192+ 121 + 241

Monthly costs= $2,064

Now let calculate the Break-even monthly rent per apartment

Using this formula

Break-even monthly rent per apartment = Monthly costs / 2

Let plug in the formula

Break-even monthly rent per apartment = $2,064 / 2

Break-even monthly rent per apartment = $1,032

Therefore What monthly rent must she charge for each apartment to break even will be $1,032

3 0
3 years ago
Suppose foreigners spend $7 billion on american exports in a given year and americans spend $5 billion on imports from abroad in
Rina8888 [55]
Around <span>+$2 billion. would be the answer!</span>
5 0
3 years ago
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