Answer:
Productivity= 4.147
Explanation:
Productivity measures the efficient use of resources, capital, land, materials, energy, or information in the production of products and services. A highly productive process achieves more with a given level of resources.
We are to calculate productivity as a.ratio of sales revenue to labour expense.
Sales revenue= units sold* unit price
Sales revenue= 1,236* 1,719
Sales revenue= $2,124,684
Labour expense= total hours* hourly rate
Labour Expense= 46,574*11
Labour Expense= $512,314
So Productivity= Sales revenue/ Labour expense
Productivity= 2,124,684/ 512,314
Productivity= 4.147
