A team of workers makes around 1 lakh units of a product which is sold in the market for Rs 101 per unit. The accounting department reports that for this job the actual costs are Rs. 2,45,000 for labour, Rs. 12,00,001 for materials and the Rs. 14,00,000 for over heads. Calculate the productivity of the company .
A team of workers makes around 1 lakh units of a product which is sold in the market for Rs 101 per unit. The accounting department reports that for this job the actual costs are Rs. 2,45,000 for labour, Rs. 12,00,001 for materials and the Rs. 14,00,000 for over heads. Calculate the productivity of the company .
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A team of workers makes around 1 lakh units of a product which is sold in the market for Rs 101 per unit. The accounting department reports that for this job the actual costs are Rs. 2,45,000 for labour, Rs. 12,00,001 for materials and the Rs. 14,00,000 for over heads. Calculate the productivity of the company .
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