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BartSMP [9]
2 years ago
5

The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Standard selling pr

ice is $125 per unit. Overhead is charged weekly at the rate of $1,500 plus. 5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per foot. What is the average multifactor productivity?.
Business
1 answer:
docker41 [41]2 years ago
4 0

From the weekly output given, the average multifactor productivity will be 1.447.

<h3>How to calculate the average multifactor productivity</h3>

From the complete information, the following can be deduced:

Week 1:

Input cost = 35660

Output cost = 51500

Week 2:

Input cost = 31800

Output cost = 45500

Week 3:

Input cost = 33500

Output cost = 49000

Week 4:

Input cost = 35160

Output cost = 51000

Total input cost:

= 35660 + 31800 + 33500 + 35160

= 136120

Total output cost:

= 51500 + 45509 + 49000 + 51000

= 197000

Average multifactor productivity

= Output / Input.

= 197000 / 136120

= 1.447

Learn more about productivity on:

brainly.com/question/2992817

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Brandon mows six yards once a week for 22 weeks. He averages making about $30 a yard but spends about $5 a yard on Gasoline and
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Answer:

His yard business makes him $7,800 every year after accounting for expenses

Explanation:

<em>Step 1: Determine number of yards he mows he in a year</em>

I year has 52 weeks

He mows 6 yards once a week

Total number of yards he mows in a year=number of yards he mows in a week×number of weeks in a year

where;

total number of yards he mows in a year=unknown

number of yards he mows in a week=6

number of weeks in a year=52 weeks

replacing;

total number of yards he mows in a year=6×52=312 yards

<em>Step 2: Determine the amount he makes in a year</em>

Total amount in a year=amount per yard×number of yards in a year

where;

Total amount in a year=unknown

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number of yards in a year=312 yards

replacing;

Total earnings in a year=30×312=$9,360

<em>Step 3: Determine total expenditure</em>

The total expenditure can be expressed as;

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replacing;

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<em>Step 4: Determine the net income after considering expenses</em>

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Net income=Total earnings in a year-total expenditure in a year

where;

net income=unknown

total earnings in a year=$9,360

total expenditure in a year=$1,560

replacing;

Net income=(9,360-1,560)=$7,800

His yard business makes him $7,800 every year after accounting for expenses

6 0
4 years ago
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