Ask Question
6 September, 06:20

Snacknow, a food service firm, is calculating its monthly productivity report. From the following raw data calculate the labor productivity.

Labor rate $10

Units produced 10,000

Labor hours 1,000

Cost of materials $2000

Cost of energy $500

(A) 0.220

(B) 1.000

(C) 0.800

(D) 0.476

+1
Answers (1)
  1. 6 September, 06:59
    0
    Labor productivity = Total output / Total Input

    Labor rate = $10. Labor hours = 1,000

    So total labour input = 1,000*10 = 10,000.

    Materials and energy cost input = 2000+500

    ⇒ total input = 10,000 + 2000+500 = 12500

    Total output (units produced) = 10,000

    Labor productivity = 10,000/12500 = 0.80
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Snacknow, a food service firm, is calculating its monthly productivity report. From the following raw data calculate the labor ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers