The Stone Company has observed that its utility cost is $5,000 when operating at a level of 20,000 machine hours per period. The
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Labour Productivity is basically the worth of goods produced by each labour or collectively in an hour, This can be expressed in the formula below:
Labour Productivity per hour of work=
In order to find worth of goods we shall use below Formula:
Worth of Goods= Sale Price per Unit*Number of Units Sold
In given case there are 2 types of goods sold as below
1. Proper Garments
Worth of Goods Sold= $210*78 Garments
Worth of Goods Sold=$16380
2. Seconds
Worth of Goods Sold= $100*54
Worth of Goods Sold= $5400
Total Goods Sold= $5400+$16380
Total Worth of Goods=$21780
Total Hours Worked= No of Workers*Hours Worked each Worker
Total Hours Worked= 8*45
Total Hours Worked=360 Hours
Labour Productivity=
Labour Productivity=$60.5 per Hour
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
