Answer: output
Explanation: output is the same as productivity because output means the outcome of all the factor input during the production process which can be raw materials, capital and other cost incurred.
The level and quantity of output produced also determine the performance of the industry.
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Answer:
If the company process further the units, income will decrease by $600.
Explanation:
Giving the following information:
A company has a process that results in 1,300 pounds of Product A that can be sold for $13.00 per pound.
An alternative would be to process Product A further for $13,600 and then sell it for $23.00 per pound.
We need to determine the result of further processing the product.
Sell as-is:
Effect on income= 1,300*13= $16,900 increase
Continue processing:
Effect on income= 1,300*23 - 13,600= $16,300
It is more profitable to sell the units before further processing.
Answer:
Estimated manufacturing overhead rate= $7.53 per direct labor hour
Explanation:
Giving the following information:
The company's executives estimated that direct labor would be $5,130,000 (190,000 hours at $27/hour) and that factory overhead would be $1,430,000 for the current period.
We need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 1,430,000/190,000= $7.53 per direct labor hour