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RoseWind [281]
3 years ago
10

What is the difference between total output and labour productivity?

Business
1 answer:
harina [27]3 years ago
5 0

Answer:

Productivity is the rate of efficiency by which a company produces goods and services. Thus, output is only one part of the equation used to measure efficiency. ... If the company spends more on its input than it receives in output, it is not efficient.

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4 years ago
​Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.
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It will be used to determine the balance of inventory accounts

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