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denis-greek [22]
3 years ago
12

Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m

odel, the Windy 2000. Units sold 1,217 Sale price each $1,700 Total labor hours 46,672 Wage rate $12 /hour Total materials $60,000 Total energy $4,000 Calculate the productivity in sales revenue/labor expense. (Round your answer to 2 decimal places.) Productivity
Business
1 answer:
Llana [10]3 years ago
5 0

Answer:

3.69

Explanation:

We know,

The productivity in sales revenue/labor expense = \frac{sales revenue}{labor expense}

Given,

Sales revenue = Units sold × Sale price per unit

Sales revenue = 1,217 units × $1,700

Sales revenue = $2,068,900

labor expense = Total labor hours × wage rate per hour

labor expense = 46,672 × $12

labor expense = $560,064

Putting the values into the formula, We can get,

The productivity in sales revenue/labor expense =  \frac{2,068,900}{560,064}

The productivity in sales revenue/labor expense = 3.69

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