Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,620 cages Sales price: $3.80 per unit Production time Wages Raw materials (total cost) Component parts (total cost) INPUT Units sold Sales (dollars) Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Total Productivity 640 labor hours $ 7.80 per hour per dollar input per dollar input $31,250 $15,450
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- 7. Lanark Farms sells fresh strawberries, growing the fruit both in open fields and within long clear plastic hoop tents, known as its "tunnel operation". The outputs and inputs for each of the options are presented below. What is the multifactor productivity (in dollars) for each option? 8. How much more or less productive is the Plastic Hoops method compared to the Open Field method? [ Hint, (B-A)/A ] 9. How much more or less productive is the Open Field method compared to the Plastic Hoops method? [ Hint, (B-A)/A ] Option A - Open Fields Output: 50,000 pounds strawberries Inputs: $1,000 for chemicals (50 acres * $20/acre), $6,250 to plant strawberries (50 acres * $125/acre), $15,000 to harvest (50,000 pounds * $0.30/pound) Total Inputs: $22,250 Option B - Plastic Hoops Output: 40,000 pounds strawberries Inputs: $3,375 for chemicals (15 acres * $225/acre), $3,750 for construction and maintenance of the tunnels (15 acres * $250), $1,875 to plant strawberries (15 acres * $125/acre),…Price / Unit ($) Units Sold Labor (HRS) Labor Cost / HR Material Usage (LBS) Material Cost / LB Other Costs Total Productivity ($) Labor Productivity ($) Material Productivity ($) roductivity Growth (%) Q1 $171.67 27,708 29,365 $63.25 14,306 $51.20 $57,224.20 $2.561 $6.494 Q2 $189.74 23,190 22,588 $63.25 12,980 $54.21 $48,188.80 $3.080 $6.253P2a. Various financial data for the past two years follow. Calculate the productivity ratios and enter the % change (round to one decimal place) from last year to this year. Output: Inputs: Volume (# units) $ Price / unit Labor hours / unit Labor $ cost / hour Raw material $ cost/ unit Overhead Labor Productivity (round to one decimal place) Multifactor Productivity (round to one decimal place) Last Year This Year 35,000 $18.00 0.2 $24 $6.00 $40,000 50,000 $18.20 0.15 $24 $6.20 $50,000 % Change
- XYZ industries applies overhead based on direct labor cost. The following information was available for the last year: Actual manufacturing overhead OMRSO,000; Underapplied manufacturing overhead OMR10,400; Actual Prime cost OMRS2,000; Actual Direct material cost OMR19,000; Estimated direct labor cost OMR27,000, What was the estimated manufacturing overhead for the year? Select one: O a. OMR37,200 O b. None of the answers given O C OMR39,600 O d. OMR34,800 O e. OMR32,400Ashby Associates is an architectural firm located in Barbados that has been in practice only a few years. The market for architectural services is very competitive. To compete successfully, Ashby must deliver quality services at a low cost. Ashby presents the following data for 2018 and 2019.2018 20191. Number of jobs billed 40 502. Selling price per job $32,000 $30,0003. Architect labour hours 24,000 27,0004. Cost per architect labour hour $35 $365. Architect/software support capacity (number of jobs the firm can do) 60 606. Total cost of software-implementation support $168,000 $180,0007. Software-implementation support-capacity cost per job (row 6/row5) $2,800 $3,000Architect labor-hour costs are variable costs. Architect (software) support costs for each year depend on the Architect support capacity that Ashby chooses to maintain each year (that is, the number of jobs it can do each year). Architect support costs do not vary with the actual number of jobs done that year. i. Is…Various financial data for SunPath Manufacturing for 2019 and 2020 follow. Output: Sales Inputs: Labor Raw Materials Energy Capital Employed Other Multiple Choice What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2019 and 2020? O O 10.39 -0.53 -2.88 2.33 2019 2020 $300,000 $330,000 43,000 51,000 9,000 262,000 6,000 -9.22 40,000 45,000 10,000 250,000 2,000
- Acme Corp has fixed has fixed overhead of $250,000 for its plant and salaries of $350,000. It sells high quality industrial values for $200 each, which is $40 more than its competitors. Variable productions costs are $140. Last year Acme sold 50,000 units. This year Acme sold 40,000 units. Total industry unit sales this year were 250,000. What is Acme's profit? O $1,800,000 O $1,600,000 O $1,400,000 O $1,200,000 O none of the aboveKusKus Enterprise wishes to assess their productivity performance for the past two years. Table 1 summarizes all the inputs and outputs at the end of years 2019 and 2020. Table 1: Inputs and outputs data in years 2019 and 2020 Item 2019 2020 Finished goods Quantity (unit) Semi-finished goods Quantity (unit) Price (RM/unit) Completed percentage (%) 45,000 50,000 4,000 1,000 40 50 40 50 Labors | No of working hours/labor Average wage (RM/hour) No of workers Deflator 1,920 1,920 12 17 30 30 1 1.2 Materials Weight of materials (kg) Price (RM/kg) 5,000 6,000 45 55 Overhead Quantity (units) Price (RM/unit) Deflator 12,000 8,000 0.5 0.7 1 1.12 a) Analyse the above inputs and outputs data. Then, calculate the total productivity index for both years 2019 and 2020. Comment on the company production performance in 2020 as compared to 2019. Limit your calculation to one decimal point only. b) Determine which input factor(s) that significantly influenced the company productivity performance in…Various financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s). 2013 2014 Output: Sales $1432 $1765 Inputs: Labor $40 $41 Raw Materials $45 $61 Energy $9 $11 Capital Expenses $137 $187 Other $3 $6 What is the percentage change in InMotion’s total productivity measure from 2013 to 2014? Give your answer in decimal form to 3 decimal places. For example, 0.051 and NOT 5.10%. Also, indicate a negative change like -0.051 if needed.
- PROBLEM A Use the following to answer questions 25-28: Last year, the Boise Potato Company (sales of $400,000) spent the following: Labor Computers Energy Materials 25. Labor productivity was: O A. 0.2 OB. 5 O C. 6 OD. 2.5 OE. 4 $100,000 $50,000 $20,000 $180,000Using the data below, what is the value of MAD? Week Time Serles Value Forecast 6. 4.00 5 7.00 4 6.00 4 4.00 Submit Answer format: Number: Round to: 2 decimal places.Unilever Manufacturing operates year-round. The following data are pulled from thecompany’s most recent semi-annual report.Assets• Raw material inventory $120,000• Work-in-process inventory $50,000• Finished goods inventory $300,000• Property, plant, and equipment $500,000• Other assets $200,000• Total assets $1,150,000Condensed Income Statement• Revenue $2,000,000• Cost of goods sold $600,000• Other expenses $1,000,000• Net income $400,000Calculate the following based on a year duration:(a) Percentage invested in inventory (PIII);(b) Inventory turnover (TURNS); and(c) Weeks of supply (WOS)