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VikaD [51]
3 years ago
7

Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor

hours are given below. QUANTITY $/UNIT Deluxe car 2,850 units sold $ 8,700 /car Limited car 6,350 units sold $ 10,200 /car Labor, Deluxe 21,750 hours $ 11 /hour Labor, Limited 29,555 hours $ 14 /hour
What is the labor productivity for each car?
Business
1 answer:
kodGreya [7K]3 years ago
3 0

Answer:

The labor productivity  for Deluxe and Limited cars are as follows:

          Units/Hour dollars

Deluxe Car  0.13   103.64  

Limited Car  0.21   156.54  

Explanation:

It is noteworthy that labor productivity in terms of units/hour does not put into consideration  quality of product, selling prices and skill level of the manufacturing workers. It would extremely  difficult for supervisors to find  out the workers that are better in terms of unit/hour.

Find attached spreadsheet with detailed calculation and formulas used.

Download xlsx
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Answer:

a. Current Assets and Property, Plant, and Equipment

Explanation:

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Liabilities are similarly divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet that means

Total assets = Total liabilities + shareholder equity

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1. Which of the following is characteristic of governmental fund accounting and financial reporting? a. The inclusion of only fi
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Answer:

a) the inclusion of only financial assets and related liabilities.

Explanation:

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Which of the following is/are true about specialists? I. Investment banks generally cannot be specialists. II. Specialists are u
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Answer:

The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.

Explanation:

Stock market specialists execute purchase or sale orders commissioned by a stockbroker. In the same way, when there are not enough buyers or sellers, specialists buy or sell on their own against the market trend. That is, they have the obligation to buy when there is not enough demand and the obligation to sell when there is not enough supply, in order to provide stability and liquidity to the market. Specialists play a role comparable to that of an air traffic controller: just as air traffic controllers are in charge of maintaining order among aircraft in flight, specialists maintain a fair and orderly market in the values assigned to them.

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wariber [46]

Answer:

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Answer:

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Explanation:

DISCLAMER:

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