Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available: Unit sales (P 25 per unit) 63,000 Material usage 75,000 pounds Material cost P7.2 per pounds Labor hours 10,000 hours Labor cost P3
Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available: Unit sales (P 25 per unit) 63,000 Material usage 75,000 pounds Material cost P7.2 per pounds Labor hours 10,000 hours Labor cost P3
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
Problem 3MC
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Question
Juztine Company produces a single type of necklace being sold for P 25 per unit. The following information was made available:
Unit sales (P 25 per unit) 63,000
Material usage 75,000 pounds
Material cost P7.2 per pounds
Labor hours 10,000 hours
Labor cost P30 per hour
What is the financial partial productivity of Direct Labor?
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