Use the labor productivity ratio to support

Assignment Help Operation Management

Reference no: EM131153129

The output of a process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units Produced 1 ,1 24 1 ,31 0 1 ,092 981 Labor ($) 1 2,735 1 4,842 1 0,603 9,526 Material ($) 21 ,041 24,523 20,442 1 8,364 Overhead ($) 8,992 1 0,480 8,736 7,848 b. Has labor productivity changed? Use the labor productivity ratio to support your answer and show each weeks ratio.

Reference no: EM131153129

Questions Cloud

Employment and labor relations : Are current labor laws capable of dealing with labor-management problems, or should they be abolished? If they should be abolished, with what should they be replaced (if anything)?

How does expanding into global context change your analysis : Consider an ethical issue faced by American businesses in the international arena. What are the ethical issues involved? If the issue was domestic, what would the proper solution be? How does expanding into the global context change your analysis?

In an attempt to judge and monitor quality of instruction : In an attempt to judge and monitor the quality of instruction, the administration of? Mega-Byte Academy devised an examination to test students on the basic concepts that all should have learned. Use these data to estimate the center and standard dev..

Solve the system using the algebraic methods : A manufacturing company makes three types of office chairs: Model A, Model B, and Model C. The construction of each chair requires a process involving three departmental steps; material workup, assembly, and packaging. The three departments have a ma..

Use the labor productivity ratio to support : The output of a process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Use the labor productivity ratio to supp..

Increasingly unpredictable-volatile environmental context : According to Judge (2012) OCC can be conceptualized as the overall capability of an organization to either effectively prepare for or respond to an increasingly unpredictable and volatile environmental context

Security interest by filing financing statement : When Johnson Hardware Shop borrowed $20,000 from First Bank, it used its inventory as collateral for the loan. First Bank perfected its security interest by filing a financing statement. The inventory was subsequently damaged by fire, Flanders Insura..

Oftentimes on national issues like elections : Oftentimes on national issues like elections, you see news media reports polls after polls and each time they point out the results are within the margin of error of ± 3%. You may have been wondering where does the 3% come from. As you learn about co..

Matrix project management models : Traditional, pure project, and matrix project management models. What are the primary differences between these different project management models? Each may be appropriate depending on the situation.

User Account

All Pages