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
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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
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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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